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 …
Ontario Building More EV Charging Stations
AJAX — The Ontario government is building over 1,300 new electric vehicle (EV) charging ports in small and medium-sized communities, marking a major milestone in the province’s plan to increase access to EV chargers outside of large urban centres and support the electrification of transportation across the province. As the province continues to see substantial job creation and investment in the …
Ontario Calls on Bank of Canada to Cut Interest Rates
TORONTO — Vic Fedeli, Minister of Economic Development, Job Creation and Trade, issued the following statement on today’s monthly employment release by Statistics Canada. “Amid uncertain global economic conditions, our government continues to call on the Bank of Canada to keep cutting interest rates to protect jobs. While Ontario has seen nearly 200,000 jobs created this year alone, last month’s …
ON Welcomes $155M Boost to Its Growing EV Supply Chain
WOODBRIDGE – The Ontario government is welcoming an investment of over $155 million by Hanon Systems, a global automotive parts supplier, to build a new 284,200 square foot facility in Woodbridge. The new facility will manufacture e-compressors, an essential component for electric vehicles, creating 300 jobs and strengthening the province’s growing end-to-end EV supply chain. “Our province has all of the elements necessary …
ON Launches Next Phase of Life Sciences Strategy
TORONTO — The Ontario government unveiled the next phase of its life sciences strategy, aimed at driving innovation, boosting investments and enhancing research to further solidify the province as a global leader in biomanufacturing and health sciences. This includes a $146 million investment to help fuel the sector’s growth. “As we rebuild Ontario’s economy, the life sciences sector will play …
Ontario Added More Than 43,000 Jobs in September
TORONTO — Vic Fedeli, Minister of Economic Development, Job Creation and Trade, issued the following statement on today’s monthly employment release by Statistics Canada, which showed Ontario added 43,200 jobs in September. “Ontario is once again leading the nation in job creation. Today’s employment numbers demonstrate that our plan to keep costs down and create the right conditions to attract …
$200M Manufacturing Investment done in Port Colborne
PORT COLBORNE — The Ontario government is welcoming a $200 million investment by Jungbunzlauer to expand its existing facility in Port Colborne, which will create 50 new jobs and strengthen regional supply chains. “Thank you to everyone at Jungbunzlauer for your continued confidence in Port Colborne, Ontario workers and our province’s growing manufacturing sector,” said Premier Doug Ford. “Our government was proud to …
Ontario-New Jersey Sign Agreement to Boost Trade, Investment
TORONTO — Ontario and New Jersey finalized a new Memorandum of Understanding (MOU) aimed at boosting cross-border trade and investment, promoting greater economic collaboration and creating good-paying jobs on both sides of the border. The MOU was signed by Premier Doug Ford and Phil Murphy, Governor of New Jersey, following a meeting in Toronto. “Ontario and New Jersey have both …
Ontario Laying Groundwork for New Investments
TORONTO — Vic Fedeli, Minister of Economic Development, Job Creation and Trade, issued the following statement on monthly employment release by Statistics Canada, which showed that while employment in Ontario dipped last month, the province has added more than 150,000 jobs so far this year. “As we continue to face ongoing economic headwinds, our government is on a mission to …
ON Welcomes Over $37M Manufacturing Boost in Kingston
KINGSTON — The Ontario government is welcoming over $37 million in investments from two Kingston-based companies, strengthening local manufacturing and driving economic growth in the region. IPG Photonics Inc., a manufacturer of optical sensors and software, is investing more than $21 million to build a new production facility. Cancoil Thermal Corporation, a manufacturer and designer of heat exchangers and equipment …