Ontario Welcomes Over $100M Technology Investment in Toronto

eAwazURDU NEWS

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. The expansion will grow the company’s engineering centre, creating 100 new, good-paying jobs at their York Mills office, including roles in research and development and engineering.

“As one of the largest and most sought-after tech hubs in North America, Ontario is driving the development of next-generation technologies that will strengthen economic growth across key sectors, including automation and transportation,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “Through Invest Ontario, we are proud to support Hitachi Rail’s expansion in Toronto and thank them for choosing our province as the ideal place for their continued growth and success.”

Headquartered in the United Kingdom, Hitachi Rail’s presence has recently expanded to over 50 countries, with their Canadian operations now employing more than 1,200 people. The expansion of their Ontario workforce, which currently employs 1,000 highly-skilled workers, will advance the engineering and design of its urban rail signalling system, while integrating these in-demand products with advanced technologies like artificial intelligence, 5G capabilities and mobile edge computing. In support of this investment, Ontario is providing $4.5 million in funding through the Invest Ontario Fund.

“The over $100 million investment in the next generation of our world-leading SelTracTM technology is hugely exciting – and we are grateful to the Government of Ontario and Invest Ontario for their support,” said Ziad Rizk, Managing Director of Urban Rail Signalling Hitachi Rail. “By integrating AI, 5G, edge and cloud computing, our system will allow urban rail transportation operators around the globe to improve passenger journeys and operate more efficiently. This Ontario-invented technology is a Canadian success story that is creating jobs and boosting economic growth.”

Over the last three and half years, Ontario has attracted tens of billions of dollars in technology investments, with the province’s expertise in smart mobility and connectivity technologies allowing next-generation ideas to advance from lab to market. Ontario’s competitive business costs, talented workforce, and state-of-the-art research and development facilities continue to position the province as a trusted partner for both domestic and international companies – ensuring the province is recognized as a top-tier destination for domestic and international businesses to invest and grow.