PORT COLBORNE — The Ontario government is welcoming the start of construction on Asahi Kasei’s $1.7 billion manufacturing facility in Port Colborne to produce lithium-ion battery separators, a key component of electric vehicle (EV) batteries. The new plant, the first of its kind in Canada, is a significant part of Ontario’s growing end-to-end EV and battery supply chain, accelerating the production …
Delegations demonstrate Ontario’s strength in strategic sectors at Biotech Showcase and Consumer Electronics Show TORONTO — The Ontario government has concluded another successful trade mission to the United States to promote the province’s growing automotive, technology and life sciences sectors and attract new investment opportunities. Two delegations of 35 Ontario companies, led by Vic Fedeli, Minister of Economic Development, Job Creation …
Investors announce new $100 million South Korea-Canada life sciences venture capital fund TORONTO — The Ontario government has concluded a successful business mission to South Korea and Japan to strengthen relationships with economic partners and attract new investments in key sectors, including the life sciences and automotive sectors. As part of the mission, LSK Investment, a private South Korean life …
ST THOMAS — From mining critical minerals to building batteries and cars, Ontario and Canada continue to attract historic, transformational investments across the electric vehicle supply chain to secure more good-paying jobs for workers today and for decades to come. Last month, Ontario and Canada secured a historic investment from Volkswagen, Europe’s largest automaker. Volkswagen is investing $7 billion to …
