The process algebra model has been suggested as an alternative mathematical framework for non-relativistic quantum mechanics (NRQM). It appears to reproduce the wave functions of non-relativistic quantum mechanics to a high degree of accuracy. It posits a fundamental level of finite, discrete events upon which the usual entities of NRQM supervene. It has been suggested that the process algebra model provides a true completion of NRQM, free of divergences and paradoxes, with causally local information propagation, contextuality, and realism. Arguments in support of these claims have been mathematical. Missing has been an ontology of this fundamental level from which the formalism naturally emerges. In this paper, it is argued that information and information flow provides this ontology. Higher level constructs such as energy, momentum, mass, spacetime, are all emergent from this fundamental level.