Private and international investors have lost confidence; not a competitive place to do business.
Red tape, several policy moves increase the cost of doing business.
Fifty-dollar WTI is not high enough to support a material uptick in oil sands investments: BMO
Part of a previously announced $10 billion in US spending announced by the Japanese automaker.
Includes a $837,750 contribution from the Ontario government.
Letters of intent represent more than 200 companies and 20 post-secondary institutions.
The plant will have an annual production capacity of about 300,000 vehicles; it’s due to begin operations by 2021.
Navya plans to hire 50 workers and make 25 driverless shuttles at the plant before the end of this year.
Money is part of $10.1 billion in planned spending over the next 11 years on trade and transportation corridor projects.
Fund allocates money over five years to support R&D, the scale-up of high-potential companies and efforts to attract investment.
Home appliance production at a former Caterpillar plant is expected to start early next year.
Huntsville, Ala. facility will employ 350 workers.
Planned display panel factory could generate as many as 50,000 jobs.
Goal is to develop AI capabilities for traditional industries such as manufacturing and financial services.
If revenues fall short, federal investments through the bank would act as a revenue floor to help make a project commercially viable.