The federal and Ontario governments are each investing more than $100 million to support a $1-billion partnership with Ford Canada.
Prime Minister Justin Trudeau and Ontario Premier Kathleen Wynne announced the conditional grants of up to $102.4 million each at a Ford engine plant in Windsor, Ont., on Thursday.
“I’m quite frankly humbled to be standing here today to be able to announce that we are securing this industry and good jobs in Windsor-Essex for generations to come,” Trudeau said. “Today is a big step forward.”
Trudeau said the funding would allow Ford to say “innovative and cutting edge.”
“Our government is committed to helping our most competitive industries get ahead,” he said.
The Ontario government said the investment will create 300 new jobs at Ford in the province and protect hundreds more.
The funding is also aimed at helping Ford establish an advanced manufacturing program that will transform the company’s power-train facility in Windsor.
It will also support Ford’s plan to create a research and engineering centre in Ottawa to develop new automotive technologies.
Later today, Trudeau visits auto parts giant Magna International Inc. in Brampton, Ont., to highlight Ottawa’s investments in artificial intelligence research, which were laid out in last week’s federal budget.
Wynne and Finance Minister Bill Morneau are also scheduled to visit the…
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