A worker works on a Ford Edge at the Oakville, Ont., assembly plant, which will soon be retooled to start making as many as five new types of electric cars. (Chris Young/Canadian Press)

The Canadian federal and Ontario governments are collectively investing more than $500 million to support the production of electric vehicles and batteries at a Ford plant in Oakville, Ontario.

Officials called the joint investment one of the first steps in building a next-generation auto industry in Canada.

The move is part of a three-year deal between the U.S. automaker and the Unifor union that also includes wage increases, bonuses, and other benefits for Canadian factory workers.

The Oakville plant currently employs about 3,400 workers. In a release, the federal government says the plan will secure 5,400 jobs across the company’s Canadian workforce and supply chain.

“For the auto sector, for the environment, this is a win-win,” said Prime Minister Justin Trudeau.

The funding is also part of the government’s commitment to invest in the transition to a clean, renewable-energy economy, with the goal of reaching net-zero carbon emissions by 2050.

The federal government also hopes the new investment will help boost home-grown mining companies that produce the metals used to make the batteries for electric vehicles.

Diana A. N.
Diana writes about eco-trends, green living, and sustainable technologies that help us live healthy/active lifestyles. She is also a freelance fashion blogger, and an "Instagram Influencer" (@effortlesslady) in Ottawa, ON — Canada.

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