Business View Magazine | Volume 9, Issue 1

11 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 1 • Regional Technology Development Sites, with a new site to be established in Northern Ontario • An OVIN Demonstration Zone, that will support real-time, on-road demonstrations to help Ontario firms showcase made-in-Ontario technologies to potential customers • A Talent Development Program expanded to help attract and develop world-leading talent in the EV and CAV sector. As a key element of the province’s Driving Prosperity Phase 2, OVIN will be the driving force behind the programming, province-wide coordination of activities and resources, and Ontario’s push to lead in the future of the automotive and mobility sector globally. Together, Driving Prosperity and OVIN will position Ontario as a leading jurisdiction for new investments in for EV, CAV, battery technology, critical minerals and advanced manufacturing – reinforcing Ontario as the manufacturing hub of Canada. “Together, OVIN and Driving Prosperity Phase 2 will support domestic parts producers, workers, and innovators across the province in responding to the global demand for electric and autonomous vehicles, and related technologies and infrastructure,” said Fedeli. “Right now across our province, over 300 businesses are already working on inventing the future of clean, connected transportation. Through OVIN, we’re continuing to invest in Ontario’s innovation ecosystem − making sure our innovators, entrepreneurs, and SMEs have the capital and support they need to bring Ontario-made EV and CAV solutions to the world.” Positioning Ontario as a leading jurisdiction for investment in electrified and less carbon- intensive transportation technology is also part of the province’s plan to meet emission reduction targets and build a stronger, more sustainable Ontario. “Ontario’s wheels are in motion to create a more sustainable future for the transportation sector. A critical pillar in our plan is strengthening Ontario’s position as an electric vehicle production hub, making these vehicles more accessible to drivers across the province,” said Caroline Mulroney, Minister of Transportation. “Our new flagship program will go a long way towards supporting our talented workforce, driving electric vehicle research and development, and reducing greenhouse gas emissions.” “The OVIN initiative is a key component of propelling Ontario as a global leader in innovation,” said Logan Kanapathi, MPP for Markham-Thornhill. “As one of Canada’s top technology hubs, Markham-Thornhill has been at the forefront of driving innovation. Through OVIN, we will be better positioned to create a diverse innovation ecosystem led by collaboration, skill, and excellence.” “Ontario’s OVIN initiative will drive made- in-Ontario electric and low-carbon vehicle technology development through collaborations with our many partners to help transform the province’s auto tech sector to build safer, cleaner and more efficient transportation,” said Dr Claudia Krywiak, President and CEO of Ontario Centre of Innovation. OPENING L INES