The Ontario government is welcoming a $122.5 million investment by Ross Video Ltd., a global leader in live video production technology, to expand its manufacturing and research and development (R&D) operations in Ottawa and Iroquois. This investment will reinforce Ontario’s leadership in advancing the development and real-world application of next-generation technologies, while creating 125 new, good-paying jobs over a few years and supporting 300 existing positions across Eastern Ontario.
“Ross Video is a true, homegrown success story that speaks not only to the high calibre of Ontario-made technologies but to the resilience of our workforce and investment landscape,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “Through their expanded footprint in Ottawa and Iroquois, Ross Video will continue to unlock new opportunities for Eastern Ontario’s highly skilled workforce and reinforce the province’s global leadership in advanced manufacturing and tech innovation.”
As demand for advanced broadcast solutions continues to grow in the digital age, Ross Video’s expansion will increase the company’s domestic manufacturing capacity and support the continued delivery of media technologies to customers across sports, entertainment and broadcast industries in more than 110 countries. The investment will also advance Ross Video’s innovative media processing platform, Ultrix, which helps broadcasters, venues and production teams manage complex video operations with greater speed, flexibility and efficiency.
“From major film and television productions to live sports and newsrooms, homegrown companies like Ross Video power the screen-based industries that drive billions in spending and support tens of thousands of jobs in Ontario,” said Stan Cho, Minister of Tourism, Culture and Gaming. “Their expansion highlights and contributes to the robust competitiveness of Ontario’s film and television sector, and will attract more productions, boost local economies and develop the talent and technologies Ontario needs to continue leading Canada’s screen-based industries.”
Leveraging the province’s deep STEM talent pool and integrated network of local suppliers, component manufacturers and industry partners, Ross Video’s latest project will further position Canada as a major exporter in the global media economy. In support of this investment, Ontario is providing up to $6 million in funding through the Invest Ontario Fund.
“Ontario has been an important part of Ross Video’s growth and innovation story for decades,” said Troy English, Chief Technology Officer at Ross Video. “This investment will help accelerate the next generation of Ultrix with expanded AI-enabled capabilities, greater flexibility, and increased processing performance, while continuing to invest in Ontario talent, innovation, and manufacturing.”
Since 2018, Ontario has attracted over $222 billion in investments, supporting the creation of one million new jobs. In the face of global economic uncertainty, the government continues to introduce measures that reduce red tape and cut the cost of doing business, saving companies $12 billion annually. By fostering the conditions that encourage homegrown innovators like Ross Video to grow their operations, the government is delivering on its mandate to build a competitive, resilient and self-reliant economy.