Newspaper article The Canadian Press

GM Canada to Make Research and Development Announcement at Oshawa Facility

Newspaper article The Canadian Press

GM Canada to Make Research and Development Announcement at Oshawa Facility

Article excerpt

GM Canada to make investment announcement

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OSHAWA, Ont. - GM Canada plans to announce an investment in Canadian research and development at its complex in Oshawa, Ont., on Tuesday.

Kevin Williams, president of GM Canada will deliver the news at the company's Canadian Engineering Centre.

Prime Minister Stephen Harper, federal Finance Minister Jim Flaherty and Ontario Premier Dalton McGuinty are among the politicians who will attend the event.

The Oshawa plant builds many GM models _ from the Impala and Camaro to the Chevrolet Equinox and Buick Regal _ and employs more than 4,500 people.

GM Canada declined to provide more details about the event.

However, the Globe and Mail reported Monday that GM Canada will spend several hundred million dollars on R&D by 2016 to meet the conditions of its 2009 bailout.

The newspaper said the projects to be initiated or expanded between now and 2016 are expected to focus on environmental technologies, electric vehicles, vehicle weight reduction and so-called intelligent transportation systems. …

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