Ontario Holding Its Own in Auto Investment

From the Toronto Globe and Mail:

"Ontario, by contrast, is holding its own. The province has seen a 0.5-per-centdecline in automotive jobs over the past three years, and that figure may improve with a flurry of recent announcements of new investment in Ontario. This week, Honda said it would build a $154-million engine plant in Southern Ontario. A week earlier, parts maker Linamar said it would spend $1.1-billion over the next five years to create 3,000 jobs in Ontario. Last year, Toyota announced plans to build a new assembly plant that will create 2,000 jobs. The so-called Big Three car makers -- Ford, General Motors and DaimlerChrysler -- have also announced expansions in Ontario. In the past 2½ years, Ontario has landed more than $7-billion worth of new investments in the automotive sector."

Comment: That is pretty darn good considering the losses in many US states.

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