Grants and Contributions:
Title:
815949
Agreement Number:
815949
Agreement Value:
$295,000,000.00
Agreement Date:
Jul 1, 2023 - Mar 27, 2026
Description:
This project was originally designed to convert Ford’s Oakville Assembly Complex (OAC) from a manufacturing facility that produces internal combustion engines (ICE) to a manufacturing facility that produces battery electric vehicles (BEVs).
Organization:
Innovation, Science and Economic Development Canada
Expected Results:
Ford made a strategic decision to realign operations and shift away from Battery Electric Vehicle (BEV) production. As a result, the contribution agreement was terminated by mutual consent.
Location:
Oakville, Ontario, CA L6J5E4
Reference Number:
033-2021-2022-Q2-815949
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
892183476
Recipient Type:
For-profit organization
Additional Information:
Agreement terminated. No funds disbursed.
Amendment Date
Mar 27, 2026
Recipient's Operating Name:
Ford of Canada
Recipient's Legal Name:
Ford Motor Company of Canada, Limited
Federal Riding Name:
Oakville
Federal Riding Number:
35072
Program:
SIF Stream 3 - Attraction
Program Purpose:
Encourage R&D that will accelerate technology transfer and commercialization of innovative products, processes and services; Facilitate the growth and expansion of firms in Canada; Attract and retain large scale investments to Canada; and-Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.
NAICS Code:
336110
Amendments: