CVMA Statement on the Ontario Budget

May 9, 2022 STATEMENT

Statement by Brian Kingston, President & CEO of the Canadian Vehicle Manufacturers’ Association:

“The CVMA welcomes Ontario’s Plan to Build and the government’s commitment to making the province a leader in building the cars of the future. Over the past 18 months, CVMA members have announced investments of $11 billion in Ontario creating thousands of jobs. The majority of this investment is dedicated to electric vehicle manufacturing.

“Efforts should now focus on helping Ontarian’s purchase electric vehicles with provincial incentives and building a comprehensive public charging network.”

 

For further information, please contact:

Canadian Vehicle Manufacturers’ Association

Office: 416.364.9333

About the Canadian Vehicle Manufacturers’ Association (CVMA)

The Canadian Vehicle Manufacturers’ Association is the industry association that has represented Canada’s leading manufacturers of light and heavy duty motor vehicles for more than 90 years. Its membership includes Ford Motor Company of Canada, Limited, General Motors of Canada Company, and Stellantis (FCA Canada Inc.). Collectively its members operate 5 vehicle assembly plants as well as engine and components plants, and have over 1,300 dealerships. 136,000 jobs are directly tied to vehicle assembly in Canada. Direct and indirect jobs associated with vehicle manufacturing are estimated at over 792,000 across Canada. Please visit www.cvma.ca.