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GM Canada announces major R&D investment

Published by Stephanie Brooks on July 24, 2012

CME joined the prime minister, Finance Minister Jim Flaherty, and the Ontario premier today at the Oshawa General Motors (GM) headquarters where it announced a total of $850 million in investments to Canadian R&D.

GM Canada President and Managing Director, Kevin Williams, says the funding will provide long-term sustainable benefits to GM and the Canadian automotive sector through 2016 and beyond.

Since 2009, workers at the Canadian Engineering Centre have generated almost 100 records of invention, allowing the company to provide more advanced, innovative and world-class solutions.

Prime Minister Stephen Harper says GM and Canada's automotive sector, and the support they've both given millions of families, has been critical to the growth of Canada over past century.

He also says investments in R&D bring long-term benefits to the country, driving a made-in-Canada approach and increasing competitiveness on the world stage.

CME applauds GM's commitment to Canadian excellence in manufacturing and supporting domestic R&D that will create jobs and expand our innovation expertise to prosper as a world-class leader in manufacturing.

For more information, please see GM's press release.

 

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