Monthly Archives: May 2026

CTMA members showcase innovation at MMTS 2026

The Canadian Tooling & Machining Association (CTMA) was proud to participate in MMTS 2026, held May 11–12 at the Palais des congrès de Montréal, joining thousands of manufacturing professionals, technology leaders, and innovators from across Canada for Quebec’s largest manufacturing technology event. Over the course of the two-day show, attendees experienced cutting-edge manufacturing technologies, live equipment demonstrations, educational sessions, networking opportunities, and discussions focused on the future of advanced manufacturing. This year’s event placed a strong emphasis on smart manufacturing, AI adoption, automation, aerospace and defence, additive manufacturing, productivity, and digital transformation across the manufacturing sector. Day 1 focused

By |May 25th, 2026|Categories: Events, Industry News, Member News|Comments Off on CTMA members showcase innovation at MMTS 2026

Ontario Government proposes changes to employment and labour legislation

Article courtesy of Sherrard Kuzz LLP On April 20, the Ontario government introduced Bill 105, Protecting Ontario’s Workers and Economic Resilience Act, 2026, which, if passed, will amend various employment and labour legislation including the Employment Standards Act (ESA), Occupational Health and Safety Act (OHSA), Labour Relations Act (LRA) and Workplace Safety and Insurance Act (WSIA). The following is a summary of key proposed amendments. Proposed Changes to the ESA Uniform Charges An employer will be prohibited from requiring an employee to pay for a uniform, uniform repair or uniform laundering, except in limited circumstances such as (a) loss, (b)

By |May 22nd, 2026|Categories: Industry Update|Comments Off on Ontario Government proposes changes to employment and labour legislation

Navigating the Maze: Understanding cross-border payments and overcoming challenges in international transactions

Article courtesy of Corpay In an increasingly interconnected world, cross-border payments play a pivotal role in facilitating global trade and commerce. From multinational corporations conducting business across continents to individuals sending money to family members overseas, cross-border payments are an essential lifeline of the global economy. However, navigating the complexities of international transactions comes with its fair share of challenges. In this article, Corpay dives into some of the intricacies of cross-border payments, explores common challenges faced by businesses and individuals, and discusses strategies to help overcome these hurdles. Understanding Cross-Border Payments: The Basics Cross-border payments refer to financial transactions

By |May 20th, 2026|Categories: Industry News|Comments Off on Navigating the Maze: Understanding cross-border payments and overcoming challenges in international transactions

AV Gauge & Automation named one of Canada’s Best Managed Companies

AV Gauge & Automation achieved Platinum Club status with the Canada’s Best Managed Companies program by retaining its Best Managed designation for seven consecutive years or more. submitted photo CTMA member company, AV Gauge & Automation, has achieved Platinum Club status with the Canada’s Best Managed Companies program by retaining its Best Managed designation for seven consecutive years or more. Celebrating over 30 years, Canada’s Best Managed Companies program awards excellence in private Canadian-owned companies with revenues of $50 million or greater. To attain the designation, companies are evaluated on their leadership in the areas of strategy,

By |May 20th, 2026|Categories: Announcement, Industry News, Member News|Comments Off on AV Gauge & Automation named one of Canada’s Best Managed Companies

Government of Canada announces new $1B BDC program; $500M in additional funding for Regional Tariff Response Initiative

The Government of Canada has announced $1.5 billion to support several of Canada’s tariffed industries. This includes the creation of a new $1 billion Business Development Bank of Canada (BDC) program that will strengthen Canada’s economic resilience. The program will be available to industries that manufacture and export products containing steel, aluminum or copper. It will support firms that use these metals in a significant way in their production and that have been impacted by the tariffs. As a result of the United States’ April 6, 2026, adjustment to its tariffs on products containing steel, aluminum and copper, the Government

By |May 20th, 2026|Categories: Announcement, Industry News|Comments Off on Government of Canada announces new $1B BDC program; $500M in additional funding for Regional Tariff Response Initiative

Important Updates: Federal Tariff Support Programs Re-Opened and Expanded

The Government of Canada has announced updated support measures for businesses impacted by U.S. tariffs, including the reopening of FedDev Ontario’s Regional Tariff Response Initiative (RTRI) and the launch of a new financing program through the Business Development Bank of Canada (BDC). FedDev Ontario – Regional Tariff Response Initiative (RTRI) Re-Opened FedDev Ontario’s RTRI program is once again accepting applications after previously being paused on May 1, 2026. The initiative provides funding to help tariff-impacted businesses respond to ongoing U.S. trade measures through: Market diversification and export development strategies Productivity and technology investments Supply chain adjustments Competitiveness and operational improvements

By |May 6th, 2026|Categories: Announcement, Industry News, Industry Update|Comments Off on Important Updates: Federal Tariff Support Programs Re-Opened and Expanded
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