Several Calgary and area companies are receiving federal funds to help ease the pain of U.S. tariffs. Tech-Wood building components received $1 million under the program. The money was announced in Ottawa’s budget. Tech-Wood is one of 18 local companies getting a total of $17 million. It’s using its grant to increase production capacity to help meet the growing demand for housing. That will increase automation, which the federal min says doesn’t necessarily mean job losses. “Based on my travels to Alberta businesses and Prairie businesses over the past year and a half I can tell you that anyone that sought to automate or to use AI they’ve invariably hired more people as opposed to let people go,” said federal emergency management minister Eleanor Olszewski. Funding is also going to a number of manufacturing facilities, a biomedical company and a brewery.
