By CRM Staff
Toronto, Ontario -- August 31, 2018 -- Prime Minister, Justin Trudeau showed his support for the automotive industry Friday morning with the announcement of $9.4 million towards the University of Ontario Institute of Technology to enhance its Automotive Centre of Excellence in Oshawa, and to create a new research and development jobs in the automotive industry.
"We're taking action to support our Canadian workers throughout the auto sector. This project is great news for Oshawa and for Ontarians. It will create good, well-paying jobs in the region and help keep our industry competitive on the world stage. With a skilled workforce, world-renowned companies, and leading-edge research, Canada's auto sector is well positioned to create the vehicles of the future – ones that will be both safer and more efficient," Trudeau said.
The Automotive Centre of Excellence is a world-class facility that produces cutting-edge automotive technologies. The University of Ontario Institute of Technology owns and operates the Automotive Centre of Excellence, which is recognized as a key contributor to Ontario's 400-kilometre automotive innovation corridor.
The investment made will almost double the number of full-time jobs at the facility, generate new training opportunities, promote research and development, as well as encourage the advancement of cleaner and safer technologies.
The new funding will also support the integration of a Moving Ground Plane – a moving belt that acts like a road – and other state-of-the-art aerodynamic and aero-acoustic enhancements, which will help researchers create cleaner, safer, and more reliable vehicles.
"Canada is leading the way in developing transformative automotive technologies and promoting clean growth. Today's announcement marks an important step forward for an innovative research centre that is helping Canadian industries access new resources, and embrace new methods to remain leaders in technological advancement," said, Navdeep Bains, minister of Innovation, science and economic development.
In 2017, Canada produced 2.2 million vehicles. The auto sector is one of Canada's largest manufacturing sectors with over 500,000 direct and indirect jobs, including aftermarket services and dealerships networks.