ONTARIO 🧑🔎💵 Ontario Laying the Groundwork for New Investments and Good-Paying Jobs 🚗

Friday, 13 September 2024 02:34.PM

Vic Fedeli, Minister of Economic Development, Job Creation and Trade, issued the following statement on today’s monthly employment release by Statistics Canada, which showed that while employment in Ontario dipped last month, the province has added more than 150,000 jobs so far this year.

“As we continue to face ongoing economic headwinds, our government is on a mission to rebuild Ontario’s economy while keeping costs down for workers and families.

Across the province, we’re continuing to get shovels in the ground for infrastructure projects that will drive economic growth and job creation for decades to come. We’re spending nearly $100 billion to expand our transportation infrastructure; investing in critical housing-enabling projects to help bring the dream of home ownership within reach for more people; training and up-skilling hundreds of thousands of workers for the jobs of the future; and, last month, launched the largest competitive energy procurement in Ontario history to ensure families and business have access to affordable electricity amid rising demand.

These investments, along with our competitive business environment, are already showing strong returns. Last month, we celebrated another major milestone in our auto sector. Building on the $44 billion in electric vehicle and battery investments attracted over the past four years, Goodyear Canada Inc. announced a $575 million investment to modernize and expand its tire manufacturing plant in Napanee. The project will create 200 new, highly skilled manufacturing jobs by 2027 and secure more than 1,000 jobs in Napanee.

Our government remains laser focused on laying the groundwork for new investments, better jobs and bigger paycheques in auto, tech, life sciences and other key sectors. We’re going to continue supporting Ontario workers and families.”

SOURCE: Ontario Ministry of Economic Development, Job Creation and Trade

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