New Partnership Strengthens Ontario Economy
McGuinty Government Joins Forces With Global Leader
Ontario signed a Memorandum of Understanding (MOU) with Siemens Canada that will help the province continue to turn the corner through investments in industry, energy, health care and infrastructure
Siemens Canada, in partnership with the province, will strive to:
- Establish global centres of excellence in Ontario focusing on smart grid development, electric vehicle technology, wind and solar power, water treatment, energy conservation, and state-of-the-art manufacturing.
- Provide university Masters programs, apprenticeships and co-ops, as well as help develop post-secondary curriculum to help build a world-class workforce specializing in the clean technology sector.
Partnering with domestic and international businesses is a key component of the Open Ontario plan and of 2011 Ontario Budget - Turning the Corner, to create and support 10,000 new and existing jobs for Ontario families and strengthen our local economies.
- Siemens, a globally-integrated technology company, is active in 190 countries, offering a wide range of ground-breaking products for efficient power supply, industrial productivity, affordable healthcare and infrastructure.
- Siemens Canada is home to 3,500 jobs for Ontarians.
- For the second year in a row, Siemens Canada was named one of Canada's Top 100 Employers by Mediacorp Canada.
- In April, Ontario had an increase of 56,000 jobs and the unemployment rate declined to 7.9%
“Our government values the important role that Siemens Canada continues to play in our economy. With the signing of today's historic MOU, Siemens and Ontario have laid-out a collaborative framework that will establish new research and development here in Ontario, create new jobs, and support Ontario's position as an emerging world leader in clean energy.”
“Today's signing reconfirms Ontario's strong leadership and continued growth and prosperity driven by key partnerships between business and government. The challenges faced by today's cities can only be solved through innovation and technology and we look forward to working together with this government towards solutions for a stronger Ontario.”