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Ontario government invests $CA650-million fund in green automotive technologies
20th June 2007
Ontario Premier Dalton McGuinty yesterday announced the Canadian province’s ‘Next Generation Jobs Fund’, which will make $650 million available to companies looking to invest in the development of clean cars, clean fuels, and clean technologies and products in Ontario.
The fund will be modelled after the $500 million Ontario Automotive Strategy, which the provincial government says has helped to attract over $7 billion in total new automotive investments in the province over the past four years.
(www.premier.gov.on.ca)
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