The Ontario-based auto-parts maker will expand four of its Ontario-based factories. About a quarter of the project’s cost will be subsidized by the government, with the province pitching in $100 million and the federal Strategic Innovation Fund contributing $169.4 million. (The Logic)
Talking point: The company is investing in Canada’s EV supply chain despite the potential negative impact of tariffs. Linamar chair Linda Hasenfratz, who also serves on the prime minister’s Council on Canada-U.S. Relations, told local media in Guelph, Ont., on Tuesday that U.S. tariffs on Canadian auto parts would “bring the industry to its knees,” forcing the U.S. to reverse course. The plants will make new technologies, including its eAxle systems used in hybrid and electric vehicles, and a new semiconductor packaging project. The investments in Linamar’s Ontario facilities in Guelph, Salford, Welland and Windsor are expected to create about 2,300 job openings.