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Achieving Prosperity Through Skills And Research

Over $1 Billion Auto Investment Secures Thousands Of High-Skill Jobs In Oakville

Office of the Premier

OAKVILLE -- An over $1-billion investment in a state-of-the-art manufacturing facility in Ford Canada's Oakville plant shows that Ontario is attracting the high-skill jobs that will put its workers at the forefront of innovation in the auto industry, Ontario Premier Dalton McGuinty said today.

"Our government has a plan to strengthen Ontario's greatest competitive advantage -- its people," said Premier McGuinty. "This investment shows we're making progress. It's great news for the families who benefit from these jobs, for the local businesses who help supply this facility and for the entire province."

"A leading-edge auto manufacturer has given our province and its workers a resounding vote of confidence."

The government is negotiating an agreement with Ford for $100 million through its Ontario Automotive Investment Strategy to support the assembly complex and a research and development facility. The strategy's $500-million fund supports leading-edge auto manufacturing projects worth more than $300 million in investment or that create or retain more than 300 jobs.

Premier McGuinty, joined by Minister of Economic Development and Trade Joe Cordiano, gathered with Ford executives, workers and the local community to celebrate today's announcement.

"It's imperative that we provide the people of Ontario with the training, tools and opportunity they need to build a high quality of life for themselves and their families," said Minister Cordiano. "A flexible assembly plant that can quickly adjust to future market changes and an advanced research and development centre provide the long-term benefits that will make this investment a real success story for Ontario and its workers."

Premier McGuinty reinforced his government's commitment to build prosperity for Ontarians by investing in skills training and research.

"We'll continue working with industry, labour and the research community towards our goal of building the most productive workforce in North America," said Premier McGuinty. "We know that the best workforce will attract and keep the best jobs and investment that build prosperity and support a great quality of life."



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