Ontario Supporting More Innovation in Cybersecurity

The Ontario government is investing up to $5 million to support the Canadian Cyber Threat Exchange (CCTX) to help small and medium-sized businesses across the province develop and adopt important cybersecurity technologies.

Support through the Critical Technology Initiatives will allow Ottawa-based CCTX to launch a new Ontario Cyber Excellence initiative that will provide training and support to small and medium-sized businesses to develop and adopt cybersecurity solutions.

CCTX will deliver the program in partnership with Rogers Cybersecure Catalyst, a leading hub for cybersecurity training, innovation and collaboration, with programs to drive Ontario’s economic development in cybersecurity.

CCTX is the fifth recipient of the province’s $107 million Critical Technology Initiatives program, which supports programs led by not-for-profit organizations to accelerate the use of critical technologies by Ontario companies and enable the development and adoption of innovative made-in-Ontario solutions.

As part of the 2023 Ontario Budget, Ontario is providing an additional $1 million per year for three years to Invest Ottawa to expand into a Regional Innovation Centre hub for Eastern Ontario and offer its extensive range of programs and services to help businesses launch, grow and succeed to the region.