The second-largest auto parts manufacturer in Canada, Guelph-based Linamar Corporation, has announced a $1.1-billion investment into domestic green auto manufacturing with the backing of the federal and Ontario governments.

Linamar Corporation (TSX: LNR) today announced that it has reached agreements with both the Canadian Government and the Ontario Provincial Government on an investment program that will see the company heavily invest in technologies and manufacturing capabilities in preparation for the future of Mobility.

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In addition to its $800 million investment, the federal government is committing up to $169.4 million through its Strategic Innovation Fund and Invest Ontario is committing an additional $100 million. The project is expected to create 2,300 jobs across four facilities located in Guelph, Stafford, Welland and Windsor.

Guelph, Ont.-based auto parts manufacturer Linamar Corporation announced Tuesday it is expanding its operations across the province and creating thousands of jobs by investing $1 billion into the automotive industry.

OTTAWA--Linamar has secured more than $750 million in funding to ramp up manufacturing and bolster Canada's efforts to grow its electric vehicle industry.

Linamar Executive Chair Linda Hasenfratz says the investments will allow the company to maintain its leadership position for “every type of vehicle propulsion.”

Guelph, OntarioInvestments in zero-emission vehicles, battery technologies and semiconductors play a key role in making Canada a world leader in clean

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“This decision raises significant questions about the legitimacy of the leadership race and, by extension, the legitimacy of the next prime minister of Canada,” Arya said in a social media statement on Sunday. He did not elaborate on his concerns or provide reasons the party gave for declining his candidacy.

"Today's announcement highlights Canada's skilled workforce and booming battery ecosystem. Linamar's groundbreaking project will drive innovation in EV parts and semiconductor manufacturing. It's a win for the economy, the environment and Canadian jobs, cementing our country's position as a leader in the EV supply chain."