Feds, Ontario ante up millions to produce electric vehicles at Ford's Oakville plant

Prime Minister Justin Trudeau and Ontario Premier Doug Ford announced the joint investment this morning, calling it an important step in building the next generation of Canada's auto industry.

The premier spoke at the Oakville plant with representatives of the motor company for the announcement. The Oakville plant employs 3,400 Ford workers and Dias has said retooling the plant to produce electric vehicles will save 3,000 of those jobs.

Justin needs to change his title to Prime Minister of Ontario and Quebec. He doesn’t care about the rest of Canada.

Nobody will buy those cars...

Nothing like buying those Eastern votes

The amount of money being borrowed right now by fed/prov gov is shocking! Canada will never dig its way out from underneath this mountain of debt. My questions: 1) Who are the lenders? 2) What are the interest rates? 3) Are terms over 5 years or under?

*Hundreds of millions....on the backs of taxpayers, not the Feds or Province.

Is fordnation using the fed. money for education for this?

🤔 Seems fishy. Don't trust Liberals.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Feds, Ontario investing millions in Ford's Oakville plant to produce electric vehicles, batteriesPart of three\u002Dyear agreement worth nearly $2 billion that was announced last month between the automaker and Unifor Wtf garden_nome1 Once in operation, electric cars certainly reduce your carbon footprint, but making the lithium-ion batteries could emit 74% more CO2 than for conventional cars. ‘Investing’ ?
Source: nationalpost - 🏆 10. / 80 Read more »