Auto123.com - Helping you drive happy

Canadian Governement to invest $145 million in automotive industry

|
Get the best interest rate
Khatir Soltani
Source: Government of Canada

TORONTO, Ontario--The Honourable Tony Clement, Minister of Industry, announced the establishment of an automotive research fund designed to keep the Canadian auto industry competitive and sustainable.

"Automotive Partnership Canada will enhance our automotive research capacity, fuelling made-in-Canada innovation, increasing our ability to compete internationally and bringing long-term benefits to this important sector," said Minister Clement. "Our government is investing in research and development (R&D) not only because it will lead to greener, better-performing vehicles, but because it will create jobs and strengthen the economy for future generations."

The program will support R&D projects in specific areas, including alternative fuels, next-generation manufacturing, advanced power trains and lighter or more sustainable materials. Proposals will be selected through rigorous, independent peer review.

"Engaging industry to this extent will ensure that innovation moves quickly from the lab to the plant to the showroom," said Dr. Suzanne Fortier, President of Natural Sciences and Engineering Research Council of Canada (NSERC), speaking on behalf of the five funding partners. "We want international automakers to realize that Canadians aren't just good at building vehicles; we are a great place to conduct leading-edge R&D."

Automotive Partnership Canada involves funding from the Natural Sciences and Engineering Research Council of Canada (NSERC), National Research Council Canada (NRC), Canada Foundation for Innovation (CFI), Social Sciences and Humanities Research Council of Canada (SSHRC), and Canada Excellence Research Chairs (CERC) program.

Read the Auto123.com reaction:
$145-million investment by the Canadian government: an Auto123.com Reaction
photo:Jupiter images
Khatir Soltani
Khatir Soltani
Automotive expert
As a car enthusiast, he tests and compares vehicles from different categories through the eyes of the consumer, ensuring relevant and objective reviews.
  • Over 6 years experience as a car reviewer
  • Over 50 test drives in the last year
  • Involved in discussions with virtually every auto manufacturer in Canada