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Securing Global Competitive Edge for Ontario's Auto Sector

Canada and Ontario Drive Creation of New Automotive Investment Committee

The Ontario and Canadian governments are taking bold, proactive action in the auto sector to attract additional investment, create jobs, and ensureOntarioexcels in the increasingly competitive global auto market.

 The province, the Canadian Automotive Partnership Council (CAPC) and the federal government collaborated to create a new CAPC sub-committee to promoteOntario’s auto sector in the competitive global marketplace.

 Ray Tanguay, former Chairman of Toyota’s Canadian operations and one of the industry's strongest and most successful advocates, will chair the committee to advise both governments and business.

 Under the Chair's leadership, the committee will provide both governments with strategic advice in the attraction of incremental automotive investment in the province, while positioningOntario’s automotive sector for long-term success.

 QUOTE

 

“General Motors still employs a significant number of individuals in the Peterborough Riding as well as the many suppliers to the automotive sector in our community.  The establishment of the CAPC sub-committee will keep the auto sector strong across our province while having a positive impact in the Peterborough and surrounding areas.”

-       Jeff Leal, MPP

 

“Ontario’s auto sector is a cornerstone of our economy — a key source of our ability to export, innovate and create jobs. In this highly competitive global economy, we need to drive further investment and ensure the sector remains strong. I am confident that this new partnership, with Ray Tanguay’s strategic advice and leadership, will allow Ontario to increase our competitiveness, productivity, and market share in the auto sector, and I look forward to their important work contributing to a more prosperous, innovative Ontario economy.”

— Brad Duguid, Minister of Economic Development, Employment and Infrastructure

 

“Today, working in close collaboration with the industry, the Government of Canada and the Government of Ontario are taking clear, proactive action to strengthen the future of Canada's auto sector as the destination for auto investment. Ray Tanguay, considered one of the most respected auto executives in the industry today, will provide crucial advice on potential new automotive mandates for Canada. I look forward to hearing his advice and counsel to strengthen our economy and create jobs in Canada’s auto sector.”

— James Moore, Minister of Industry

  

QUICK FACTS

 

  • The new committee will be comprised of seasoned auto executives from major auto companies with operations inOntario.
  • Ontariois number one in North America for vehicle production and is the only sub-national jurisdiction to have five major global automotive assemblers: Chrysler, Ford, General Motors, Honda andToyota, as well as truck manufacturer Hino.
  • Ontariois intensely competing for new auto investments against several low wage jurisdictions, who continue to provide lucrative incentives to businesses.
  • In 2014, the auto sector contributed over $16 billion toOntario’s GDP.
  • Ontarioassembly plants produced nearly 16 per cent of North American vehicle production over the last five years.

 

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