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Premier Ford and Prime Minister Carney Launch New Action Plan to Protect Workers from Tariffs and Strengthen Ontario Industries
Source: Ontario - Premier's Office
Date: 2026-10-21 19:30:00.0
Tags: [National, Ontario, Economy, Trade, Labour, Industry, Infrastructure, Mining, Energy]The Government of Ontario and the Government of Canada announced a combined $8.7 billion action plan to protect workers and industries from U.S. tariffs. The package includes the Joint Steel Action Fund with $3.55 billion from the federal government and $1.67 billion from Ontario, an additional $2.5 billion over two years for large-scale automotive capital projects (up to $1.5 billion federal and $1 billion provincial), and a federal commitment of up to $1 billion over three years for essential road infrastructure in Northern Ontario’s Ring of Fire region. Additionally, light-duty vehicle greenhouse gas regulations will be maintained at 2026 levels (172 grams per mile) through 2029 to provide trade-related relief to the automotive sector.
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Premier Ford and Prime Minister Carney Launch New Action Plan to Protect Workers from Tariffs and Strengthen Ontario Industries
Source: Ontario - Premier's Office
Date: 2026-10-21 19:00:00.0
Tags: [National, Ontario, Economy, Trade, Labour, Industry, Mining, Infrastructure]Ontario Premier Doug Ford and Prime Minister Mark Carney announced an $8.7 billion joint action plan to protect workers and industries from U.S. tariffs and global uncertainty. The initiative establishes a $5.22 billion Joint Steel Action Fund ($3.55 billion federal, $1.67 billion provincial), a $2.5 billion automotive manufacturing capital upgrade fund ($1.5 billion federal, $1.0 billion provincial), and a $1 billion federal matching investment for road infrastructure in Northern Ontario's Ring of Fire region. Furthermore, the plan creates bilateral task forces for steel, automotive, and critical minerals, implements tighter trade remedies through the Canada Border Services Agency, and leverages Buy Canadian and Buy Ontario procurement policies.
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Ontario Supporting New $410 Million Critical Mineral Processing Facility in Marathon
Source: Ontario - Ministry of Economic Development, Job Creation and Trade
Date: 2026-09-18 16:30:00.0
Tags: [Ontario, Economy, Mining, Resources, Industry, Energy]The Ontario government is investing $11 million through the Critical Minerals Processing Fund (CMPF) delivered by Invest Ontario to support Generation Mining's $410 million copper and palladium processing complex in Marathon, Ontario. The facility is the first recipient of the CMPF and is designed to convert raw ore into materials for electrification, advanced manufacturing, and defence as part of the broader $992 million Marathon Project. Once fully operational, the project will create more than 450 permanent jobs and support 800 construction-phase jobs, helping build an end-to-end domestic critical minerals supply chain.
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'Cool to be Canadian': Leaders optimistic their pitch to invest here will pay off
Source: CBC Politics
Date: 2026-09-14 19:59:47.0
Tags: [National, Ontario, Economy, Taxation, Finance, Trade, Industry, Mining]Prime Minister Mark Carney hosted the Canada Investment Summit in Toronto to attract foreign capital and secure $1 trillion in investments amidst trade friction with the United States. Minister of Finance François-Philippe Champagne announced that the Canadian Revenue Agency will prioritize advanced income tax rulings for investments exceeding $1 billion to reduce regulatory risk. The government's 66-page pitchbook featured more than 160 major projects, including Canada Nickel Company's Crawford nickel project, which is seeking $2 billion in funding.
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Premier Ford’s Statement Ahead of the 2026 Canada Investment Summit
Source: Ontario - Premier's Office
Date: 2026-09-13 16:00:00.0
Tags: [Ontario, Economy, Industry, Trade, Energy, Mining]Premier Doug Ford announced the launch of the first-ever Canada Investment Summit in Toronto, bringing together global business leaders from countries including Kuwait, Malaysia, the Netherlands, Singapore, Qatar, Norway, Japan, and Australia. The government is promoting Ontario's competitiveness through regulatory reform, streamlined permitting, and the promotion of Ontario's Deal Book, which features 15 major projects worth tens of billions of dollars. These projects span multiple sectors, including energy production and transmission, critical minerals and mining, artificial intelligence, and advanced manufacturing.
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Ontario Marks First Access to Nickel Ore at the Craig Mine Onaping Depth Expansion
Source: Ontario - Premier's Office
Date: 2026-08-27 16:30:00.0
Tags: [Ontario, Mining, Resources, Energy, Economy, Industry]Glencore Canada has achieved first access to nickel ore at its nearly $2 billion Onaping Depth Project in Greater Sudbury, a 2,600-metre-deep extension of the previously shut down Craig Mine. The project is projected to produce one million tonnes of ore per year at scale, yielding approximately 280 kilotonnes of nickel and 145 kilotonnes of copper beyond 2040, while supporting 400 full-time jobs at full production in 2027. The operation utilizes an all-electric fleet of 66 vehicles to reduce emissions and energy use, with ore being processed at Glencore's Strathcona Mill and Sudbury Smelter.
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