Brad Duguid Minister of Economic Development and Growth has said that “Ontario’s auto industry continues to attract investment, even in the midst of uncertainty about NAFTA, which proves our foundational strength when it comes to building and developing new vehicles. Partnerships like this one support our long-term competiveness and help Ontario continue to lead the way in transformative vehicle technologies.”
Ontario and Canada are partnering with Linamar to advance cutting-edge auto technology, boost R&D and help create up to 1,500 new jobs and retain about 8,000 others in the province.
Brad Duguid, Ontario Minister of Economic Development and Growth, and Navdeep Bains, Federal Minister of Innovation, Science and Economic Development, were in Guelph today to make the announcement.
The investment will help Linamar:
Manufacture next-generation transmission and drivetrain components and systems
Build high-efficiency engine components
Develop and produce electrified and connected vehicle technologies
Create a dedicated Innovation Centre focussed on artificial intelligence, machine learning, collaborative robotics and lightweight components.
This investment solidifies Ontario’s leadership in the development and manufacturing of the next generation of vehicles. It will also increase technological capabilities in the supply chain, making the province’s automotive sector more competitive. Ontario is the top vehicle producer in North America, and is uniquely positioned to lead the development of exciting new automotive technologies worldwide, attracting new investments and jobs to the province.
Investing in advanced manufacturing and innovation is part of Ontario’s plan to create fairness and opportunity during this period of rapid economic change. The plan includes a higher minimum wage and better working conditions, free tuition for hundreds of thousands of students, easier access to affordable child care, and free prescription drugs for everyone under 25 through the biggest expansion of medicare in a generation.