This is going to hurt!
General Motors is shuttering its plant in Oshawa as part of a restructuring of its global operations to autonomous and zero-emission vehicles, sources say.
Two sources, who were briefed on General Motors’ plan, said the Oshawa plant will be completely closed down. Those sources said Canada isn’t the only country affected by the auto giant’s move to shift its investment to autonomous and zero-emission vehicles.
The offices of Prime Minister Justin Trudeau and Ontario Premier Doug Ford were informed of the decision late Sunday before the official announcement on Monday. A federal official later told The Globe and Mail that the government will be examining the impact of the closure and what measures it might take to help laid off auto workers.
GM employees have been told to expect an announcement at 10 a.m. on Monday morning, but have not been given details.