In an apparent bid to bury the good news story, the automaker made the announcement — along with Prime Minister Trudeau and Ontario Premier Kathleen Wynne — late Friday afternoon at the Cambridge plant.
The news comes at a time when Canada and Mexico are in the midst of renegotiating the North American Free Trade Agreement (NAFTA) with a U.S. administration keen on keeping as many jobs as possible within its borders.
The Canadian and Ontario governments will each kick in $110 million to help create 450 new jobs on top of the 8,000 people Toyota’s two factories already employ. The deal will also see $200 million worth of R&D spending over the next decade, have Ontario’s Toyota workers build a hybrid version of the RAV4 and create 1,000 student co-op positions at the two factories in a bid to encourage a steady supply of future automotive workers in the province.
Toyota’s Cambridge plant will begin making the RAV4 early next year when production of the Corolla compact sedan is moved to an American factory, while the Woodstock plant will keep building the crossover, as it has done since 2008.