Doug Ford announces $40M for Ontario auto sector plan
The Canadian Press
General Automotive auto sector Automotive GM OntarioThe funding includes money for an automotive modernization program, internships and an online learning and training portal.
WOODBRIDGE, Ont. – Ontario Premier Doug Ford has announced $40 million over three years for a new plan for the auto sector.
The funding includes money for an automotive modernization program, internships and an online learning and training portal.
The announcement is part of a 10-year plan for strengthening the auto sector’s competitiveness.
It includes international promotion of Ontario’s auto sector, a review of industrial electricity pricing, and supports for autonomous vehicle technologies.
A second phase of the plan is set to be released later this year.
Ford’s announcement comes as General Motors plans to shut down a plant in Oshawa, Ont., at the end of the year – a move that will see 2,600 workers lose their jobs.
