Start Date: 2025-01-25
End Date: 2025-01-31

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Federal Investment in Electric Vehicle Manufacturing

The Canadian government announced a substantial investment of up to $169.4 million in Linamar Corporation to bolster the electric vehicle manufacturing sector. This funding, through the Strategic Innovation Fund, focuses on advancing EV parts manufacturing and semiconductor packaging. Linamar's project, based in Ontario, aims to create approximately 2,000 full-time jobs and 300 co-op positions, attracting over $800 million in private investments. The initiative is designed to enhance Canada's role in the global green technology market, supporting the shift towards a net-zero economy and securing critical battery supply chains.

Sources: Announcements: www.canada.ca

Federal Support for Mississauga's Public Transit

The federal government has pledged over $123 million in transit funding to the City of Mississauga. This includes $112 million from the Canada Public Transit Fund for infrastructure upgrades and $10.9 million from the Zero Emission Transit Fund for hydrogen fuel cell buses. These investments aim to modernize public transit, increase housing supply, and reduce emissions, positioning Mississauga as a leader in green transit solutions.

Sources: Announcements: www.canada.ca