Ford is one of Canada’s largest manufactures and the new deal will save a lot of Canadian Jobs.
As we Canadians continue to address the health, social, and economic impacts of COVID-19, Governments across the country work towards a sustainable and greener economic recovery that will create new jobs and opportunities for workers and businesses alike.
The Prime Minister, Justin Trudeau, and the Premier of Ontario, Doug Ford, today announced their commitment to Ford Motor Company of Canada’s investment in its Oakville Assembly Complex. This project, valued at $1.8 billion, will include federal and provincial contributions of $295 million each. This will help secure 5,400 well-paying middle-class jobs across Ford’s production workforce in Canada and grow our green economy, especially in Southern Ontario where thousands of Canadians are employed across the auto supply chain.
A repurposed battery-electric vehicle (BEV) production plant for the Oakville Assembly Complex is in line with the Government of Canada’s commitment to sustainable growth. Electrification will allow us to position the innovative Canadian automotive industry as a global leader in BEV manufacturing.
The Government of Canada and the Government of Ontario are committed to working with Canada’s automotive partners, including Ford and Unifor, to attract investment, including in zero-emissions technologies, and to ensure that our automotive industry remains one of the most competitive in the world.
“Today’s announcement is a testament to Canada’s attractiveness as a destination for clean technology, talent, and infrastructure in the automotive industry. Companies like Ford are helping accelerate our transition to a low-carbon, clean growth economy, which will help protect our environment, drive innovation, and create many good middle-class jobs.”The Rt. Hon. Justin Trudeau, Prime Minister of Canada
“Today’s investment from Ford Canada is historic. It will ensure our province continues to lead North America and the world in automotive manufacturing and innovation while boosting our competitiveness in this key sector. Together with our federal partners, we are proud to invest almost $300 million to support the production of next-generation, made-in-Ontario vehicles, and secure thousands of good-paying jobs across the province for years to come.”The Hon. Doug Ford, Premier of Ontario
The automotive sector is one of Canada’s largest manufacturing sectors with over 500,000 direct and indirect jobs, contributing $16 billion to Canada’s gross domestic product (GDP) and is one of the country’s largest export industries.