Toyota has operated in Canada since 1988 – that’s a 32-year commitment to the community, people and opportunity that exist here. Toyota has recently invested $1.4 billion in its Waterloo and Cambridge, Ontario facilities, and in this video, we take an inside look to find out why Toyota chose Canada and what the investment means to these communities.
Located nearby is the University of Waterloo, a world-class university producing some of the world’s top talent in engineering and science disciplines. The university is an important part of Toyota Canada’s talent pipeline, as it hires undergraduate co-op students and graduates alike. The highly skilled workforce produced by the University of Waterloo contributes to innovation within Toyota, and the company and university are working together to research and develop the cars of the future, including autonomous and hydrogen-powered vehicles. Toyota’s commitment to Canada is simple: “we’re in it together, we grow together”.
Canada offers unique advantages for Toyota and other companies within the advanced manufacturing and automotive industries. Among those are political stability, access to foreign markets and extensive supply chains. Paired with world-class talent and education institutions, global companies thrive when they invest in Canada.
Companies like Toyota are the anchor of local communities across Canada, contributing to economic prosperity, quality job opportunities and innovation. When global companies invest in Canada, they invest in people, communities and opportunity. Continue watching our series “An Inside Look at FDI in Canada” to find out what that means for Canadians across the country.
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