The Ontario government is partnering with auto parts companies to invest in technology and training to strengthen the auto industry and protect jobs.
Today, Vic Fedeli, Minister of Economic Development, Job Creation and Trade, launched the new $10 million Ontario Automotive Modernization Program (O-AMP) at the annual meeting of the Canadian Association of Moldmakers.
O-AMP is a key commitment of Driving Prosperity: The Future of Ontario's Automotive Sector, Ontario's 10-year vision for how industry, the research and education sector, and all three levels of government, can work together to strengthen the auto sector's competitiveness.
“Our comprehensive, high-quality and innovative supply chain is an essential part of why Ontario is a great place to build vehicles,” said Fedeli. “The launch of the Ontario Automotive Modernization Program further strengthens our close partnership with the industry to make Ontario open for business and open for jobs.”
The new program invests with small- and medium-sized automotive parts suppliers in projects that fall under one or both of the following categories:
- Technology adoption ― includes advanced manufacturing hardware, software and/or training to improve processes and enhance competitiveness. For example, projects could include investments in production technology allowing firms to digitize their production tracking and logistical systems.
- Lean manufacturing ― includes projects that support training in lean manufacturing practices to minimize waste during the production process and optimize productivity.