OSHAWA-The Ontario government says it is investing up to $259 million dollars in General Motors. Premier Ford made the announcement this morning in Oshawa.
General Motors of Canada Company is investing $2 billion to transform the company’s Oshawa and CAMI manufacturing plants, as well as improvements across all of GM’s manufacturing and R&D facilities in the province.
Officials say these investments will pave the way for GM’s first electric vehicle (EV) production line in Ontario 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.
“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.”
With support from the provincial and federal governments, GM Canada’s investment will add light-duty Chevy Silverado pickup production and a third shift at its Oshawa plant, creating more than 2,600 new, local jobs since operations resumed at the plant. The investment will also secure electric commercial vehicle production at the CAMI plant in Ingersoll, becoming GM’s designated EV hub for its new all-electric commercial vehicle brand BrightDrop, and the first full-scale electric vehicle production facility in Canada.
“Ontario is proud to support GM’s major investment in their Oshawa and Ingersoll plants to manufacture the company’s next-generation models, including the new all-electric BrightDrop commercial vehicle,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “By reducing the cost of doing business in Ontario by nearly $7 billion annually, our government has created the right economic conditions to attract yet another historic investment that further positions Ontario as a North American leader in developing and building the cars of the future.”
Officials say through this investment GM has deepened their commitment to Ontario and its workers, and advanced Ontario’s drive to become one of the most vertically integrated automotive jurisdictions in North America. It will secure much-needed well-paying, high-quality jobs and manufacturing operations in Oshawa and Ingersoll for years to come while also bolstering the province’s presence in the EV space.
“Working with our government partners we have reopened our Oshawa plant, creating thousands of new jobs and recruiting a record number of women in production roles. Later this year, our CAMI plant in Ingersoll will begin Canada’s first full-scale electric vehicle manufacturing with BrightDrop,” said Marissa West, GM Canada President and Managing Director. “This partnership with the governments of Ontario and Canada is helping GM build a more diverse, innovative and sustainable industry and EV supply chain for the future – and we are proud to be doing that right here in Canada.”
Today’s more than $2 billion investment by GM Canada builds on other recent investments. These important investments will help secure the province’s position as a competitive player in the emerging North American EV auto market according to the government. .