TORONTO — Vic Fedeli, Minister of Economic Development, Job Creation and Trade, issued the following statement on today’s monthly employment release by Statistics Canada. “Ontario has added nearly 200,000 jobs this year, highlighting the resilience of our economy. However, last month’s job numbers remind us of the challenges that persist. These results, once again, underscore the need for the Bank …
Investing $20M to Revitalize Downtown Ottawa
OTTAWA — As the next step in the government’s historic Ontario-Ottawa New Deal, Ontario is investing $20 million over three years to revitalize Ottawa’s downtown and ensure the nation’s capital’s unique character and attractions continue making it a tourism destination for Canadians and international visitors. “Through our New Deal, our government is taking action to ensure Ottawa is a premier destination …
Ontario Welcomes Over $100M Technology Investment in Toronto
TORONTO — The Ontario government is welcoming an investment of over $100 million by Hitachi Rail, a leader in the global transportation ecosystem, to expand their Toronto operations and upgrade their world-leading communication-based train control (CBTC) signalling technology. The investment will enable the integration of AI, 5G, edge and cloud computing in their products, securing the future success of Ontario-invented technology. …
Asahi Kasei EV Battery Separator Plant in Port Colborne
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 …