Canadian chocolate brand Mid-Day Squares has secured $8 million in debt financing led by Investissement Québec and Canada Economic Development for Québec Regions. The funding will enable the company to scale its manufacturing operations and boost annual production to approximately $250 million, according to co-founder and co-CEO Nick Saltarelli. The financing comes as Mid-Day Squares prepares to launch in US Walmart and Costco stores. The debt package will support the company's expansion plans as it enters major American retail channels.

Nano One Materials has approximately C$20 million in government funding available to draw as it expands lithium iron phosphate operations in Quebec, the Canadian battery-materials company disclosed. The undrawn amount supplements C$19.3 million cash reported at 30 June. The company received C$12.3 million from government programmes during the first half of 2026. Funding comes from Natural Resources Canada, Next Generation Manufacturing Canada, the US Department of Defense, Quebec government, and NRC IRAP. The money supports eligible pre-commercial activities rather than functioning as unrestricted cash. Nano One is expanding its Candiac, Quebec facility from roughly 200 tonnes to approximately 800 tonnes annual capacity. Detailed engineering was 85 per cent complete by mid-July, with commissioning targeted for first half 2027. Major equipment orders were completed in March.

/CNW/ -- Investissement Québec and the Business Development Bank of Canada (BDC) have announced more than $5 millions in financing for Altex, a Quebec-based...