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Accuenergy Secures Government of Canada Investment to Advance AI and Manufacturing Expansion

Toronto, ON - July 21, 2026 - Accuenergy is proud to announce a strategic investment from the Government of Canada through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) to support AI innovation, advance manufacturing, launch new products, and drive sustainable growth.

The announcement was made at an event hosted at Toronto, the Canadian headquarters of Accuenergy, attended by the Honourable Evan Solomon, Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario, and Doly Begum, MP for Scarborough Southwest. The event highlighted the government’s commitment to supporting productivity, expanding capacity, increasing technological adoption, enhancing Canadian products in the global market.

Audience listening intently
Accuenergy technicians in lab coat

With $2.6 million in support from FedDev Ontario, Accuenergy is launching a $10 million project to modernize manufacturing and innovation capabilities. This initiative will make advances in AI adaption process, develop manufacturing technology, enhance operation efficiency, and expand global exports. Further, Accuenergy also plans to expand its manufacturing operations, increase production capacity, create skilled job opportunities, and introduce energy monitoring and building automation solutions products.

Accuenergy extends its earnest gratitude to the Government of Canada and FedDev Ontario for the continued support of Canadian innovation and economic development. This investment enables Accuenergy to develop sustainable products, serve customers worldwide, boost productivity, and unlock new opportunities for growth.

About Accuenergy

Founded in 1998, Accuenergy Inc. designs and manufactures advanced power and energy measurement solutions for industrial, commercial, and residential sectors worldwide. The product portfolio includes energy and power meters, current transformers, power analyzers, pre-wired control panels, communication devices, supporting system monitoring, protection, and performance analysis.

To learn more about Accuenergy and explore the full range of energy measurement solutions, please visit www.accuenergy.com.

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