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Ottawa asks Ford to keep Oakville plant open until 2038
Ottawa asked Ford to keep its Oakville plant open until 2038 in exchange for $464.5 million in federal funding.
Ottawa requested that Ford Motor retain ownership and operations of its Oakville, Ontario assembly plant until March 2038. In return, the federal government provided $464.5 million via the Strategic Response Fund to retool the facility for F-Series Super Duty trucks. This agreement replaces a previous plan for electric vehicle production and aims to create approximately 1,800 jobs.
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Ottawa asks Ford to keep Oakville plant open until 2038
The Government of Canada has formally asked Ford Motor to keep its manufacturing operations in Oakville, Ontario, active until at least 2038. In return for this commitment, the federal government has agreed to provide $464.5 million in financing specifically for the production of gas- and diesel-powered trucks. The deal aims to secure domestic manufacturing capacity and support the automotive sector against global supply chain shifts. This agreement follows previous reports of federal contributions to the Detroit automaker's Canadian operations.
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