Overview
- Canada’s Strategic Response Fund is financing a $464.5 million refit so Ford can build F-Series Super Duty trucks in Oakville with a target of 100,000 units a year and a new metal stamping facility by 2029.
- The grant replaces a 2020 plan to fund an EV conversion that Ottawa and Ford later terminated after the company moved away from battery-electric production, with no public money paid under the old deal.
- Ford has committed to create about 1,800 jobs at the plant, and the company reported its first six Super Duty trucks rolled off the lines in April as workers returned after a long layoff.
- Federal disclosures list the award as a contribution without saying if it must be repaid, and Ontario has not said whether it will match the funding, with the agreement running through 2038.
- The shift comes as 25% U.S. tariffs on vehicle imports and higher steel and aluminum duties push automakers to rethink where they build, with GM, Stellantis and Honda reducing or moving Ontario production.