ONTARIO PLAN TO SCALE UP AUTOMOTIVE SECTOR ANSWERS MANUFACTURERS’ ASKS
Dennis Darby, President & CEO of Canadian Manufacturers & Exports issued today the following statement regarding the Government of Ontario’s plan to restore the automotive sector in Ontario:
CME congratulates the Government of Ontario for releasing its plan “Driving Prosperity: The Future of Ontario’s Automotive Sector.” The report aligned with CME’s recommendations and, is an important step forward in creating a competitive business environment, developing top talent and driving innovation, commercialization and technology adoption within the Ontario automotive sector that could have positive spill-overs for the thousands of manufacturers part of their supply chains.
With its plan, the government is acting on our members concerns and recommendations, particularly in the automotive sector, which were put forward by CME in its Industrie 2030 Ontario strategy. We are particularly pleased to see commitments focused on reducing the cost of manufacturing in Ontario and the openness to exploring investments supports for the manufacturing sector. These two actions are critical to boost manufacturing investment in the province and improve the competitiveness of globally integrated sectors, including automotive.
We look forward to continuing to work with the Government of Ontario to implement our manufacturing strategy for Ontario focused on doubling manufacturing output by 2030.
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Since 1871, Canadian Manufacturers & Exporters has been helping manufacturers grow at home and, compete around the world. Our focus is to ensure manufacturers are recognized as engines for growth in the economy, with Canada acknowledged as both a global leader and innovator in advanced manufacturing and a global leader in exporting. CME is a member-driven association that directly represents more than 2,500 leading companies who account for an estimated 82 per cent of manufacturing output and 90 per cent of Canada’s exports.
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