Federal government invests over $21M in Manitoba-based businesses

Minister Eleanor Olszewski is pictured at an investment announcement in Winnipeg on Aug. 28, 2025. (CTV News Winnipeg)

The federal government has announced more than $21 million in investments on Thursday for nine Manitoba-based businesses, according to Eleanor Olszewski, Minister responsible for Prairies Economic Development Canada (PrairiesCan).

Speaking from the National Research Council’s advanced manufacturing research facility in Winnipeg, Olszewski described the financial support as “strategic investments in Manitoba’s future.”

She said the investments will allow businesses to be more competitive, expand national and international trade, and help companies to compete in new markets.

ICON Technologies based in Winkler received the largest share of funding from the announcement, with nearly $5 million to support their RV plastic component manufacturing capacity and marketing, per a news release.

Other projects being funded include over $4.1 million to PhiBer Manufacturing in Crystal City to increase their production of agricultural equipment and over $3.3 million to Northquip in Woodlands to fund the commercialization of a line of zero-turn mowers.

Security Glass Limited was the only Winnipeg-based business to receive funding under the announcement, with over $2.7 million allocated to expand their flat glass manufacturing capacity.

“We’re focused on building a more prosperous and more resilient Canadian economy that works for everyone, and that means helping every region, every part of this country, reach its full potential,” Olszewski said.

“Through PrairiesCan, we’re really leveraging our regional strength to help small and medium sized businesses become more productive.”

Other businesses receiving funding include Decor Cabinets, Manitoba Organic Alliance, Prairie Fava, Schnell Industries and UKKÖ Robotics.

Altogether, the funding is expected to support approximately 285 new jobs.

Olszewski said about one in 10 jobs in the province is in the manufacturing sector, adding that the federal government intends to increase that amount.