Semi-Conductor Industry to Get Boost from Canadian Government

CEW Government of Canada Logo 400

March 1, 2022

By Owen Hurst

François–Philippe Champagne, minister of innovation, science and industry announced on February 28, 2022 that the Canadian Government will invest a total of $240 million into the semi-conductor industry to aid in research and manufacturing that are a critical component of Canada’s national security and technological advancement.

“By investing in Canada’s semiconductor industry, we are making a firm commitment to businesses looking to invest in Canada,” Champagne said in a statement. “Whether it’s high-value or large-scale manufacturing, we want to see Canada be home to the world’s leading semiconductor manufacturers.”

Semi-conductors, or chips, have been in high demand due to a shortage of semiconductors as a result of COVID-19 supply chain disruptions. As Champagne noted in his briefing the investment is focused on strengthening Canada’s position within the semi-conductor market.

Lets hope the investment comes quickly!

Related Articles


Changing Scene

  • Nominations Open for BCEA Awards

    Nominations Open for BCEA Awards

    The purpose of this award is to recognize projects that have demonstrated design and/or construction excellence, energy efficient buildings, or new uses of technology.  It is not intended that the project size (financial or dimensional) be a significant criteria for selection of the award winner.  The governing criteria for award selection should. Read More…

  • BCCA’s Apprenticeship Services Project hits $10M Milestone

    BCCA’s Apprenticeship Services Project hits $10M Milestone

    The British Columbia Construction Association (BCCA) announced today that it has now issued $10M in financial incentives to small and medium-sized construction industry employers through its Apprenticeship Services project, with $4M more still available to applicants. The project provides employer participants with cash incentives to hire and register first-year apprentices in up to 39 Red… Read More…


Peers & Profiles

  • Taken from Graybar Canada Linkedin Post Enjoy a glimpse of the wonderful moments from Graybar Canada’s recent customer appreciation BBQs! The company was grateful for the smiles and connections made with our amazing customers and vendors. They are looking forward to the next gathering! Source Read More…

  • Article taken from Linkedin Post Electrozad is thrilled to spotlight their Chatham Branch and recognize their exceptional efforts in cleaning up their community. The team took time to coordinate a community clean-up around their branch. This is a commendable initiative that not only helps maintain the cleanliness and hygiene around the branch but also contributes… Read More…