Federal Ontario gives an investment of $259M for each GM for Oshawa
The federal and provincial governments are each contributing $259 million to assist manufacturing at General Motors facilities in the province, including an electric car production line that will be the country's first of its type.
Federal Industry Minister François-Philippe Champagne hailed the company's CAMI manufacturing factory in Ingersoll, Ont., as the country's first full-scale electric car production facility. A $2 billion investment from GM includes up to $259 million from each of the provincial and federal governments. At Monday's announcement in Oshawa, Ontario Premier Doug Ford stated that the money "would bring pickup truck manufacture to Oshawa and electric car production to Ingersoll." This investment, according to Bell, will safeguard 2,600 employment in Oshawa.
Bell also stated that fifty percent of new production recruits at the Oshawa factory are women, showing GM's commitment to workplace diversity. "Working with our government partners, we have reopened GM's Oshawa facility, generating thousands of new jobs and attracting a record number of women in production roles," said Marissa West, president and managing director of GM Canada. "Later this year, our CAMI factory in Ingersoll will commence full-scale electric car manufacture in Canada with BrightDrop." This collaboration with the governments of Ontario and Canada is assisting GM in developing a more diversified, creative, and sustainable business and EV supply chain for the future - and we are happy to be doing it right here in Canada."
Champagne and Ontario's Economic Development Minister Vic Fedeli also drove one of the vehicles at the Oshawa factory. They came alongside Premier Doug Ford to promote money from both governments for the $2 billion GM investment, which the politicians said will improve output at the Oshawa plant.
General Motors said that the Oshawa assembly facility would add a third shift to accommodate increased light-duty Chevy Silverado pickup output. The business stated that the shift will result in a total of 2,600 additional employment since the mill reopened in late 2019. General Motors previously stated that when production resumed after nearly two years, around 1,800 jobs were created over two shifts in November 2021.
Ford, who has made many auto sector announcements in recent weeks concerning electric and hybrid vehicles and parts, hailed GM's statement on Monday as "additional fantastic news for Ontario's auto sector."
"We're making Ontario the finest jurisdiction in North America for building the cars and batteries of the future," Ford stated.
The premier's support for electric vehicles, which began months before the provincial election campaign due this spring, indicates a shift from earlier in his government's tenure. After taking office in 2018, Ford's Progressive Conservative administration halted the construction of electric vehicle chargers (though it has subsequently committed money to create more) and cancelled discounts to encourage people to buy electric vehicles. So yet, Ford has made no commitment to reinstate rebates or other customer incentives.