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Feds, Ontario ante up millions to produce EVs in Ford’s Oakville plant
The federal and Ontario governments promised Thursday to pour hundreds of millions of dollars into an auto plant for the mass production of electric vehicles and the batteries that power them — a plan they said would help the country’s automotive industry stay competitive and recover from the COVID-19 pandemic.
Ottawa and the province said they will each chip in $295 million to support production at Ford’s plant in Oakville, Ontario. The funding is part of a three-year agreement worth nearly $2 billion that was announced last month between the automaker and Unifor, the union that represents autoworkers in Canada.
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