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Home News Federal, Ontario governments invest over $500M in General Motors' $2B production boost
Federal, Ontario governments invest over $500M in General Motors' $2B production boost
Biznews
2022.04.05
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Ontario government and Ministry of Innovation, Science and Industry announced their governments each would contribute $259 million towards General Motors of Canada Company’s $2-billion investment to increase operations at two Ontario assembly plants. These investments will pave the way for GM’s first electric vehicle (EV) production line at its CAMI plant in Ingersoll and the continuation of vehicle production in Oshawa while ensuring the vehicles of the future are built in Ontario and sold across North America.

GM will retool its CAMI facility over the spring and summer and start producing its electric BrightDrop delivery vans starting in December which aims at electrifying fleet cargo, with FedEx in 2021 purchasing the first 500 off the assembly line. 

“This vote of confidence by General Motors in Ontario is more proof that by attracting game-changing investments our government is securing our auto sector for the next generation of workers,” said Premier Doug Ford. “This investment will secure 2,600 jobs here in Oshawa and is a huge win for the people of Durham and Ontario’s auto sector. It shows once again that the cars of the future will be made right here in Ontario, by Ontario workers.”

The Canadian and provincial governments have been aggressive in seeking out automotive investment as U.S. President Joe Biden pushes hard for American-made vehicles. Over the past year and a half, Ontario’s automotive sector has seen enormous investment from both manufacturers and various levels of government — amounting to around $12 billion, according to information provided by the Ontario government. These game-changing investments included Ford, ArcelorMittal Dofasco, Honda, and a joint venture between LG Energy Solution and automaker Stellantis to build the province’s first large-scale electric vehicle battery manufacturing plant in Windsor. As well as help secure the province’s position as a competitive player in the emerging North American EV auto market.

"This is proof that Canada’s auto sector is here for the long term. What the latest announcement means for Canadians is more jobs, more clean vehicles, and more economic growth. GM’s continued commitment to its facilities in Canada, and its decision to set up the country’s first electric vehicle production facility, highlight how Canada is a world leader in building the vehicles of the future." said Federal Industry Minister Francois-Philippe Champagne.

A series of ongoing investments and promotion of the automobile sector aligns with the federal government’s deadline to ban the sale of privately owned gasoline or diesel-fuelled motor vehicles in Canada by 2035.