News from our members in the Canadian German Business Community.
Linde has signed a long-term agreement for the supply of clean hydrogen to Dow’s Fort Saskatchewan Path2Zero Project. The company will invest more than CAD 2 billion to build, own, and operate a world-scale integrated clean hydrogen and atmospheric gases facility in Alberta.
In the presence of Doug Ford, Premier of Ontario, Mercedes-Benz and the Ontario Government announced the formation of incubators to foster startup creation, startup scouting, and automotive innovation in Ontario. The incubators will be set-up through the Ontario Vehicle Innovation Network (OVIN).
Rock Tech Lithium Inc. secured up to CAD 1.4 million in federal funding through Canada's Critical Minerals Infrastructure Fund. Pending due diligence, this funding will help advance their Georgia Lake Project in Northern Ontario by upgrading a key 10-kilometre access road.
SFC Energy plans to acquire small stationary business assets, technology, IP, and customer base from Ballard Power Systems Europe A/S. SFC Energy is a provider of hydrogen and methanol fuel cells for stationary, portable, and mobile hybrid power solutions.
Porsche Canada announced the appointment of Trevor Arthur as new President and Chief Executive Officer. Arthur succeeds John Cappella. He brings over 15 years of Porsche expertise and leadership, having most recently served as Vice President, Area West, at Porsche Cars North America. He returns to Canada, where he first joined the brand in 2008 as a Regional Manager.
For outstanding entrepreneurial achievements, Thomas Burger got awarded the Baden-Württemberg Business Medal by Nicole Hoffmeister-Kraut, Minister for Economic Affairs, Labor, and Tourism of the Federal State of Baden-Württemberg. With his subsidiary company SBS Drivetec, the Burger Group is based in Barrie, Ontario.
Crozier, a consulting firm in the land development and building industry, climbs The Globe and Mail's Ranking of Canada's top growing companies for the second consecutive year.
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