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In partnership with the Region’s local cities and towns, the York Region Economic Strategy team provides complementary and confidential strategic “one-stop shop” support services for Canadian and international companies looking to setup operations in Toronto Area’s York Region, local entrepreneurs and established region-based businesses.

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Canada announces strategic investments in sovereign space launch and invests in 3 other companies including Markham headquartered NordSpace

16 March 2026

The selection of innovators for the first round of the Innovation for Defence Excellence and Security (IDEaS) program’s Launch the North contest were also announced. The goal of this challenge is to enable the launch of Canadian payloads from Canadian soil, achieving an initial light lift operational capability by 2028. For the first round of this contest, the following three highly ranked applicants have each been conditionally approved for $8.3 million in funding:

NordSpace – NordSpace Tundra Canadian Responsive Scalable Launchi
Canada Rocket Company – Canadian Sovereign Launch Capability Development (R1)
Reaction Dynamics – Aurora-8 Responsive Launch Vehicle

Full Article: canada.ca

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  • Invest Ontario welcomes Microsoft’s AI infrastructure expansion in Ontario supporting 1,250 jobs, two new data centres in York Region 8 April 2026
  • NGen announce $79.5 million in new AI projects to help Canadian manufacturers compete globally; four companies from York Region receive funding 31 March 2026

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