The Canadian Grant marketing scheme

Podcast: The Business of Manufacturing Podcast · thebusinessadvancedmanufacturingpodcast

Opublikowano: 2026-09-15

This episode critiques the Canadian government's business grant system, arguing that it serves more as a marketing strategy than a functional economic support tool. While the federal government promotes billions in allocated funds, the author contends that high administrative costs and rigorous compliance requirements prevent most small businesses from applying. Companies often face exorbitant accounting fees just to meet eligibility standards, effectively barring those who lack surplus capital. Furthermore, the seven-month processing period for these funds is described as far too slow to address urgent market needs. Ultimately, the source calls for a simplified application process to ensure that...