Government investment helps Ford deliver one of its most sophisticated auto manufacturing plants in the world and supports about 4,500 jobs in southern Ontario
February 26, 2015 – Oakville, Ontario – Industry Canada
The Honourable Lisa Raitt, Minister of Transport and Member of Parliament for Halton, and Terence Young, Member of Parliament for Oakville, were at Ford Motor Company of Canada today for its launch of production of the all-new 2015 Ford Edge. The crossover vehicle will be manufactured on a new flexible platform at the company's Oakville facility, which employs about 4,500 people, and exported globally.
The Harper Government provided a $71.6-million repayable contribution under the Automotive Innovation Fund (AIF) in 2013 to support the transformation of Ford's Oakville assembly plant into a state-of-the-art global manufacturing facility. The new flexible platform will enable Ford to innovate, compete and quickly adjust to changing market conditions.
The Harper Government's contribution helped leverage a $716-million investment from the company in southern Ontario, securing Ford's global manufacturing footprint in Canada. Ford's investment is part of a planned investment of up to $1.1 billion over 10 years in its Oakville Assembly Complex.
Office of the Minister of Industry