A strong Canadian economy depends on the ability of businesses to have access to the expertise and strategic infrastructure they need to commercialize and manufacture innovative technologies at home. The Government of Canada is investing in strategic projects that helps companies bring new products to market faster, strengthen supply chains, and build the domestic capabilities needed to support Canada's defence and security priorities.
Today, at Ontario Tech University, Ryan Turnbull, Parliamentary Secretary to the Minister of Finance and National Revenue and to the Secretary of State (Canada Revenue Agency and Financial Institutions) and Member of Parliament for Whitby, on behalf of the Honourable Evan Solomon, Minister of Artificial Intelligence and Digital Innovation and Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced an investment of $5 million to expand the capabilities of its Automotive Centre of Excellence (ACE) facility into a leading Canadian defence technology hub aligned with Canadian and allied military standards.
Through this project, the university will help strengthen Canadian sovereign capabilities for advanced vehicles, aerospace systems, drones and other emerging defence related technologies, helping manufacturers and innovators commercialize products domestically. As a result, companies will have access to expertise and strategic infrastructure locally to help them compete in domestic and allied markets, while strengthening supply chain resilience, boosting Canada's defence industrial base, enhancing innovation and supporting high-skilled jobs.
The Government of Canada remains focused on building a strong and innovative defence sector that supports national security, drives economic growth, and delivers real benefits for Canadians.
