IPP&T: Ontario’s $40 million AMIC to grow manufacturers’ ability to compete
by Don Horne
AMIC will support the advanced manufacturing sector in capital-intensive industries such as automotive, aerospace, life sciences, information technology.
Queen’s Park has launched the Advanced Manufacturing and Innovation Competitiveness (AMIC) program to help Ontario manufacturers get the tools, technology and talent they need to grow, compete and innovate in an increasingly competitive global market.
As part of the 2021 Fall Economic Statement, AMIC is a new stream of the Regional Development Program (RDP). The two-year, $40 million program will support advanced manufacturing businesses to invest in the equipment, advanced technologies and skilled workforce needed to improve competitiveness and growth. As Ontario continues to recover from the impacts of COVID-19, AMIC aims to create and retain good jobs and address the need to restore the essential supply chains that will support economic recovery across the province.
This article originally appeared in IPP&T. Read the full version here.
