Instant Search Results

  • Home
  • News
  • Premier Ford Pledges $40M to Help Ontario Auto Sector

Premier Ford Pledges $40M to Help Ontario Auto Sector

February 14th, 2019 – CityNews

“I think this is a good first step. This is the kind of stuff we’ve been asking for years. I’m happy somebody listened…” – Flavio Volpe

Click here to watch video of Premier Ford’s Announcement.

Ontario Premier Doug Ford announces $40-million funding for auto sector

Laura Stone – Globe and Mail

February 14, 2019

Ontario Premier Doug Ford announced on Thursday that his government is committing $40-million over three years for the auto sector, with a focus on modernization and innovation.

The first phase of the new plan, called Driving Prosperity, includes $10-million for auto modernization, $3.2-million for online learning and $19-million for new internships and training opportunities.

Flavio Volpe, president of Automotive Parts Manufacturers’ Association, said the announcement mirrors what suppliers have been asking of the government for years.

“The supply sector isn’t asking for hundreds of millions of dollars,” he said. “What’s important is as long as the automakers stay here, and make cars here, and buy parts from us, we’ve got a very healthy and efficient business.

“I think it’s a good first step. This is the kind of stuff we’ve been asking for years. I’m happy somebody listened.”

Click here for full article text.

Doug Ford announces $40M for Ontario auto sector plan

The Canadian Press/CBC

Feb 14, 2019

Ontario is putting $40 million over three years into a new plan for the auto sector, including funding for innovation and training.

The money is part of a 10-year plan for strengthening the auto sector’s competitiveness, which comes as General Motors plans to shut down a plant in Oshawa, Ont., at the end of the year — a move that will see 2,600 workers lose their jobs.

Economic Development Minister Todd Smith said part of the plan is aimed at workers like those at GM, who can be retrained and still work in the auto sector.

“We want to give those auto workers an opportunity to get trained quickly,” he said. “Micro-credentialling is part of our plan, so they can get up to speed and not just continue jobs in the current wave of auto sector jobs, but in the automobile sector of the future.”

Flavio Volpe, president of Automotive Parts Manufacturers’ Association, said the announcement mirrors what suppliers have been asking of government.

“For the supply sector, what’s important is as long as the automakers stay here and make cars here and buy parts from us we’ve got a very healthy and efficient business,” he said.

Click here for full article text.

Canada’s Ontario commits C$40 million to bolstering auto sector

Reuters/Nasdaq – February 14th 2019

Ontario, home to much of Canada’s auto industry, announced C$40.2 million ($30.18 million) in technology-focused funds for the auto industry on Thursday, aimed largely at developing next-generation manufacturing workers, as part of a new 10-year plan.

The strategy, aimed at growing a sector grappling with technology and trade disruptions, comes as General Motors Co plans to shutter its Oshawa assembly plant by year-end, part of a broad restructuring to cut costs and boost investment in electric and self-driving vehicles.

“It’s a very good first step,” said Flavio Volpe, president of the Automotive Parts Manufacturers’ Association. “The supply sector doesn’t need big investment funds. We need programs that target productivity and skills training.”

Click here for full article text – Reuters.

Powered by Translate

Join CAMM
Archives
HR Network