Innovation, Science and Economic Development Canada
Canada Backs Teledyne to Boost Semiconductor Sector
Ottawa, Ontario
The Government of Canada understands the importance of positioning the country as a supplier of choice for specialized semiconductor products. With applications in nearly every industry, semiconductors are critical to Canada’s national security, economy and technological interests.
Today, the Honourable Anita Anand, Minister of Innovation, Science and Industry, announced a financial contribution of $8 million from the Strategic Innovation Fund (SIF) toward a $42 million project to upgrade equipment. This investment will help Teledyne develop the next generation of image sensors and expand semiconductor capabilities at its Bromont, Quebec, facility. The SIF contribution will enable Teledyne to sustain its competitive edge in specialized, high-value imaging components, systems and custom image sensors. Teledyne will also provide Canadian businesses and research centres with access to a unique infrastructure for innovative product development and prototyping.
The project will drive significant growth, creating 40 new jobs and maintaining over 560 highly skilled jobs in Canada.
https://www.canada.ca/en/innovation-science-economic-development/news/2025/03/canada-to-invest-in-teledyne-to-further-advance-canadas-semiconductor-industry.html