Speech Article from
Archived - Investing in Business Growth and Productivity Initiative Funding Announcement for Gum Products International Inc.
Member of Parliament for Newmarket-Aurora
February 9, 2015
Speech length: approximately 5 minutes
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Good morning ladies and gentlemen, friends and guests.
Thank you to Kenneth Tan, Managing Director of Gum Products International, and to Henry Liu, Technical Director of Gum Products International, for opening your doors to us and for hosting today's announcement. I am truly amazed by the scale of work being accomplished out of this facility.
I would like to thank Minister Goodyear for joining us today and for the excellent work our Government is doing to promote economic growth in Newmarket-Aurora. I am proud to say that our Government's dedicated efforts are helping to nurture business growth and prosperity for this region.
As Minister Goodyear mentioned, under the leadership of this Prime Minister, our Government is committed to providing the necessary targeted investments to retain, attract and grow Canadian businesses.
Being neighbours to the City of Toronto has given our community access to a variety of markets and has helped this community produce and deliver in a number of sectors. This area of Ontario is a great place for manufacturers, with great growth potential, to advance their services and products.
Newmarket and Aurora are filled with diverse, intelligent and inquisitive individuals and businesses. We have a solid manufacturing sector and a motivation to grow our businesses in the areas of research, health and science. There is a strong appetite for knowledge-based activities in our community.
Gum Products International Inc. is a prime example of a company that is embracing the challenge of developing new products and stretching its manufacturing capabilities.
Our Government recognizes the need to support companies like Gum Products International so that they can continue to make advancements to their product line, to help ensure consumer safety, and to make their business grow and prosper in a competitive, global market.
With this in mind, I'm pleased to be here to deliver some great news on behalf of our Government.
To support innovation and the expansion of the food additive manufacturing business, today, the Government of Canada, through FedDev Ontario, is providing Gum Products International with up to $995,000.
With this funding, Gum Products International will expand on the current line of natural anti-microbial ingredients and will introduce a new product, with the goal of tackling a greater range of foodborne bacteria.
This project will allow Gum Products International to transition from a food additive manufacturer to a biotechnology company and will help them expand into new markets. This is good news for our region, as it will help strengthen the biotechnology industry here in the York region.
Our Government believes that it is support like this that can help our businesses grow and remain sustainable over the long-term.
I want to extend my sincere thanks and congratulations to Gum Products International. I wish all of those involved every success.
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