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Policy and Rights PM Trudeau and Ontario Premier Ford announce electric vehicle investment

Policy and Rights PM Trudeau and Ontario Premier Ford announce electric vehicle investment
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May 3, 2022 · 56m 25s

For decades, Canada’s auto sector has been creating good, middle-class jobs and driving economic growth. Today, as we continue to recover from the pandemic and accelerate our work to build...

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For decades, Canada’s auto sector has been creating good, middle-class jobs and driving economic growth. Today, as we continue to recover from the pandemic and accelerate our work to build a clean future, the auto sector plays a key role in supporting workers and helping us achieve net-zero emissions by 2050. By making smart investments, the Government of Canada is delivering clean air, good jobs, and a strong economy for generations of Canadians.

The Prime Minister, Justin Trudeau, was joined today by the Premier of Ontario, Doug Ford, to announce a new federal investment in project funding for automaker Stellantis that will secure thousands of jobs and modernize assembly plants for the clean tech economy. This multi-billion dollar project from Stellantis will support plants in Windsor and Brampton, Ontario, implementing flexible vehicle platforms at both plants and increasing its production of electric vehicles (EV). The Government of Canada is investing up to $529 million into this project. The Province of Ontario is also supporting the project with an investment of up to $513 million.

Following another major manufacturing deal by Stellantis in March, this new investment is yet another strong vote of confidence in Canada’s automotive sector and future as a global clean tech leader. This project includes EV production at its assembly plants and new research and development investments at its Automotive Research and Development Centre (ARDC) in Windsor.

Today’s announcement demonstrates Canada’s continued strength in automotive production and is another step toward building a strong, healthy future for Canadians. This follows the release of the Government of Canada’s 2030 Emissions Reduction Plan and Budget 2022, which propose measures to create thousands of new, good-paying jobs and grow the economy, all while fighting climate change.
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Author Michael Clogs
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