Mr. Speaker, I was happy to welcome the Prime Minister, the premier, and the Minister of Innovation, Science and Economic Development to Cambridge for an announcement last Friday of $110 million in federal funding, along with $110 million provincially that will complement the $1.4-billion investment by Toyota Motor Manufacturing Canada for its plants in Cambridge and Woodstock.
This funding will go toward a new advanced hybrid manufacturing platform and provide 450 new jobs, 1,000 new co-op positions, and protect 8,000 direct manufacturing jobs. Cambridge and Waterloo region are known for their high-tech sector, innovation, and advanced manufacturing capabilities. For over 30 years, Toyota in Cambridge has continued to find success in the ever-changing automotive field while providing stable and good-paying jobs.
I thank everyone who made this announcement possible.