CAMBRIDGE, Ont. – Toyota’s Canadian manufacturing arm will receive nearly $34-million from the provincial and federal governments.
Prime Minister Stephen Harper and Ontario’s outgoing premier, Dalton McGuinty, were among the politicians on hand to make the announcement at the Japanese automaker’s plant in Cambridge, Ont., Wednesday.
Each government will contribute $16.9-million.
Toyota is building a new assembly line in the city to increase production of lexus luxury cars, including a new model with a hybrid gasoline-electric engine.
It also means 400 new jobs.