New Ontario Toyota Plant Starts
Toyota RAV4 Sport
TORONTO - The first vehicles
started rolling off the line at a new Toyota plant in Woodstock,
Ontario in December.
Toyota invested CDN$1.1 billion to
build the new plant. Ontario provided over CDN$22.8 million for
skills training, in addition to a CDN$70-million investment that
helped bring the plant to Ontario. This is the first new auto
plant to be built in Ontario in the past 20 years. Supplying and
servicing the plant will create and sustain additional jobs and
The Ontario government's
five-point plan for the economy includes strategic partnerships
with companies and helping people improve their skills.
Ontario's auto strategy, launched in April 2004, has leveraged
almost CDN$7.8 billion in new investments and anchored thousands
of high-value jobs.