Auto Sector Drives Job Creation in Ontario

Partnership with Toyota Brings Good Jobs and a Bright Future to Auto Sector


Wednesday, May 21, 2014


Premier Kathleen Wynne toured Toyota’s Cambridge assembly plant this afternoon, pointing to the Liberals’ steady and balanced economic plan that is creating good, high-paying jobs in Ontario’s key industries. 

In Ontario’s auto sector, Liberals have worked with industry to create jobs and attract investments, ensuring the province continues to be a North American leader in vehicle production and innovation. Ontario continues to beat out other, lower wage jurisdictions for new investments from Toyota because of its skilled workforce, competitive tax structure, reliable infrastructure and the constructive partnership between Toyota and the province.

In 2013, Toyota announced that it would invest $100 million to increase production of Lexus hybrid vehicles at its Cambridge plant. The Liberal government supported this investment by providing a $16.9 million grant. The announcement is another step in a long and productive partnership between Toyota and Ontario that has seen Asia’s largest automaker invest over $1.2 billion in Ontario and grow its workforce to about 8,000.

The Liberals ten-year, $2.5 billion Jobs and Prosperity Fund will build similar partnerships with industries across Ontario to secure investments that create jobs, increase productivity and help businesses compete globally.

The Fund was contained in the Liberal 2014 Budget, which Andrea Horwath and the NDP chose not to support, putting these job-creating partnerships at risk. The Budget, including the Jobs and Prosperity Fund will be re-introduced if the Liberals are re-elected on June 12.

Tim Hudak and the PCs oppose working with Ontario’s key industries to produce lasting economic benefits. Instead, the Hudak PC approach to the economy is to recklessly fire 100,000 teachers, firefighters, water inspectors and other important public sector workers across the province.

Quotes

“Since 2008, Toyota’s commitment to Ontario has grown enormously. They have chosen not just to expand in Ontario, but to invest in the future here. Cleaner, electric vehicles are rolling off the production line in Ontario before anywhere else in North America. We’ve been there every step of the way because these initiatives are in the best interests of workers today, and our economy tomorrow.”


— Premier Kathleen Wynne

Quick Facts

  • In 2011, the governments of Canada and Ontario partnered with Toyota on a multi-project suite of initiatives designed to sustain and grow Toyota’s manufacturing footprint in Canada and encourage the production of greener, more fuel-efficient vehicles.
  • Toyota has invested almost $1.2 billion in Ontario to date, and about 8,000 workers assemble 500,000 vehicles a year at Toyota’s Cambridge and Woodstock plants.
  • Ontario has been the #1 auto producer in North America for nine of the last 10 years.
  • The auto sector in Ontario employs well over 400,000 Ontarians, and contributes nearly $13 billion to our economy annually.
  • Since the recessionary low of 2009 Ontario’s automotive sector has recovered over 14,581 jobs.

 

For further information -
Ontario Liberal Party
Blane McPhail
416-230-2084