Prime Minister Justin Trudeau and Ontario Premier Kathleen Wynne announced a combined $220 million dollar investment to Toyota’s Cambridge and Woodstock plants.
Toyota plants in Cambridge, Ont. and Woodstock, Ont. will see a significant financial investment as Prime Minister Justin Trudeau and Ontario Premier Kathleen Wynne announced a combined $220 million fund.
Trudeau and Wynne made the announcement at the Toyota plant in Cambridge Friday afternoon.
The provincial and federal governments fund is part of a $1.4 billion investment Toyota announced it is making to upgrade its facilities in Cambridge and Woodstock.
The investment will help retain 8,000 jobs, create 450 new jobs and provide1,000 more co-op placements, making Toyota the largest producer of Toyota hybrid vehicles in North America, Trudeau said.
