Impath lured eastward
Impath Networks Canada Corporation is moving to Nova Scotia and collecting $3 million along the way. The Ottawa-based developer of video surveillance solutions is relocating headquarters to Halifax, a move made easier by a $2-million inducement from Nova Scotia Business Inc., the province’s business development agency. GrowthWorks Atlantic Venture Fund is investing a further $1 million in the company. “Our move to Halifax will enable Impath Networks to build and promote research and development in Nova Scotia,” says Carlo Shimoon, CEO of Impath. “Nova Scotia’s thriving high-tech sector offers more opportunities to grow our business.” Impath provides video surveillance solutions for markets including transportation systems, bridges and tunnels, government and military facilities, airports and seaports, city centres, border crossings, and correctional facilities. A company spokesperson says the company’s 16 jobs in Ottawa will not be affected by the move, at least “[not] any time soon.”
