By Pepper Parr
March 15th, 2023
BURLINGTON, ON
The federal government handed out $11 million to to the aerospace sector; $2.3 million went to a Burlington company.
RAMPF – modern factory in Burlington
The Federal Economic Development Agency for Southern Ontario announced a total investment of over $11 million yesterday, through the Aerospace Regional Recovery Initiative (ARRI), for three businesses and one organization in southern Ontario’s aerospace sector. The Burlington recipient of this funding was RAMPF Composite Solutions Inc. (RAMPF)
The aerospace sector is a pillar of the economy and a driver of innovation in Canada. With products on virtually every passenger aircraft in the world, Ontario is home to world-class aerospace manufacturers. The Government of Canada is investing in aerospace businesses and the organizations that support them to help them grow, create jobs and contribute to future economic growth in a more sustainable way.
Pam Damoff, Parliamentary Secretary to the Minister of Public Safety and Member of Parliament for Oakville North–Burlington
Pam Damoff, Parliamentary Secretary to the Minister of Public Safety and Member of Parliament for Oakville North–Burlington was with the Honourable Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario and the MP for Hamilton West – Ancaster.
Of the $11 million that was handed out a contribution of nearly $2.3 million went to RAMPF, a Burlington-based manufacturer for the aerospace, defence, consumer products and medical sectors.
With this investment, RAMPF will purchase new equipment to reduce waste and increase processing speed, green its operations by reducing energy consumption, expand into new markets, such as urban air mobility, unmanned aerial vehicles and electric aircraft, increase revenue and create 15 new jobs in Burlington.
Corporate Welfare.
But they have trouble finding money for health care.