Ottawa To Support General Motors’ Ontario Expansion

The federal government in Ottawa is expected to announce today (April 4) its support for
General Motors’ (GM) multi-billion-dollar expansion in Ontario that includes the production of
electric vehicles.

Both the federal government and the Ontario provincial government are expected to announce
that they invest taxpayer dollars in two GM plants in Ingersoll and Oshawa.

Scott Bell, GM's Vice President Global, Canada's federal Industry Minister Francois-Philippe
Champagne and Ontario Premier Doug Ford are scheduled to make an announcement about
“an important investment in the future of Canada's automotive manufacturing sector” at 11 a.m.
EST today.

The announcement will take place at a GM vehicle test track in Oshawa, the company said. Last
year, GM said it will invest $1 billion to convert its CAMI Assembly Plant in Ingersoll, Ontario, to
produce its BrightDrop EV600 commercial electric delivery vans.

GM has also reopened its Oshawa manufacturing plant after it had been shuttered for two years
to produce the Chevrolet Silverado pick-up truck.

Canada is trying to protect the future of its manufacturing heartland in Ontario as the world
seeks to cut emissions by investing in the electric vehicle (EV) supply chain. Ontario is
geographically close to U.S. automakers in Michigan and Ohio, including GM.

Last month GM and South Korea's POSCO Chemical said they would build a $400 million
facility to produce battery materials Quebec as the carmakers ramp up plans to produce mainly
electric vehicles by 2030.

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