Harper Government invests in Canada's auto sector, creating 1,200 new high-quality jobs
January 12, 2015 – Guelph, Ontario – Industry Canada
Up to 1,200 new jobs will be created in Ontario's auto sector thanks to an investment by the Government of Canada.
The Honourable Lisa Raitt, Minister of Transport and Member of Parliament for Halton, today announced a $50.7-million investment in Linamar Corporation to produce the next generation of automotive transmissions. This investment will result in the creation of 1,200 new high-quality jobs and the company will maintain a minimum of 6,870 jobs at its Ontario facilities. The Government of Canada's $50.7-million repayable contribution represents 10 percent of Linamar's total $507-million investment in Ontario's automotive industry.
Linamar will undertake an important new program to develop fuel-efficient automotive transmissions in southwestern Ontario, bringing leading-edge technology to Canada. Linamar is a world leader in auto parts manufacturing with operations in 12 countries. Linamar's headquarters are in Guelph, Ontario.
While Linamar could have based its latest project in other countries, it chose to take advantage of Canada's manufacturing landscape, low taxes and open markets.
Office of the Minister of Industry