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ARTICLE · 16 SEPTEMBER 2019

Ontario Pledges C$10-Million To Automotive Sector To Encourage New Technology, Lean Manufacturing

Blake, Cassels & Graydon LLP
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On September 9, 2019, Ontario pledged C$10-million over three years to the Ontario Automotive Modernization Program (O-AMP), a key supply chain commitment under the Driving Prosperity plan.

CanadaTechnology
David Kruse
David Kruse
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On September 9, 2019, Ontario pledged C$10-million over three years to the Ontario Automotive Modernization Program (O-AMP), a key supply chain commitment under the Driving Prosperity plan.

Driving Prosperity: The Future of Ontario's Automotive Sector is a 10-year plan to strengthen competitiveness and innovation in Ontario's automotive sector. For more information about the Driving Prosperity plan, please see our March 2019 Blakes Bulletin: Ontario Unveils Plan to Boost Auto Sector, Pledges C$40-Million in Funding.

WHO IS ELIGIBLE FOR O-AMP FUNDING?

Ontario-based automotive parts suppliers are eligible to apply for O-AMP funding. Among other things, companies must have (i) fewer than 500 employees globally, and (ii) less than C$1-billion in global revenues. Larger businesses may apply if they partner with at least one eligible entity.

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