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ARTICLE · 12 MARCH 2019

Ontario Unveils Plan To Boost Auto Sector, Pledges C$40-Million In Funding

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The Driving Prosperity plan contemplates two phases.

CanadaStrategy
David Kruse
David Kruse
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The Province of Ontario, with a population of over 14 million people and the largest economy in Canada, is home to a rapidly changing automotive sector that built approximately 2.2 million cars in 2017 and employs over 125,000 workers, accounting for 11 per cent of Canada's manufacturing GDP.

On February 14, 2019, the Ontario government published Driving Prosperity: The Future of Ontario's Automotive Sector (Driving Prosperity), a 10-year plan with the stated goal of strengthening competitiveness and innovation in Ontario's automotive sector. The Ontario government's stated vision set out in Driving Prosperity is to strengthen and build on Ontario's North American leadership in automotive assembly and parts production, and to position Ontario as a leader in the development, commercialization, and adoption of advanced manufacturing and mobility technologies.

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