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Federal budget 2013: Ontario manufacturing gets relief to help ‘reboot economy’ | Toronto Star

Manufacturers say the federal budget contains measures worth $5 billion over five years to help them become more globally competitive

Tech Triangle‘s insight:

Some highlights include:

To give them a helping hand, Ottawa said it would extend or renew several initiatives including:

  • Extending the Accelerated Capital Cost Allowance program for two years.
  • Earmarking $920 million in additional funding over five years for the Federal Economic Development Agency for Southern Ontario, dubbed FedDev Ontario, starting in 2014.

See on www.thestar.com

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