Advertisement
Canada markets open in 8 hours 25 minutes
  • S&P/TSX

    21,885.38
    +11.66 (+0.05%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • DOW

    38,085.80
    -375.12 (-0.98%)
     
  • CAD/USD

    0.7325
    +0.0002 (+0.02%)
     
  • CRUDE OIL

    83.87
    +0.30 (+0.36%)
     
  • Bitcoin CAD

    87,535.20
    -177.56 (-0.20%)
     
  • CMC Crypto 200

    1,388.46
    +5.89 (+0.43%)
     
  • GOLD FUTURES

    2,347.60
    +5.10 (+0.22%)
     
  • RUSSELL 2000

    1,981.12
    -14.31 (-0.72%)
     
  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     
  • NASDAQ futures

    17,765.00
    +197.50 (+1.12%)
     
  • VOLATILITY

    15.37
    -0.60 (-3.76%)
     
  • FTSE

    8,078.86
    +38.48 (+0.48%)
     
  • NIKKEI 225

    38,031.34
    +402.86 (+1.07%)
     
  • CAD/EUR

    0.6829
    +0.0008 (+0.12%)
     

Ford Reveals Plans to Build Electric Vehicles in Canada

Ford Reveals Plans to Build Electric Vehicles in Canada

Ford Motor Company (NYSE: F) has revealed plans to build some of its upcoming electric vehicles in Canada. Ford said that it has agreed to invest 1.8 billion Canadian dollars (about $1.35 billion U.S. dollars) in its Canadian facilities as part of a new contract deal with its Canadian workers represented by the Unifor labor union. Part of that sum will go to convert an SUV factory in Ontario to build electric vehicles, the company said.