While Ontario Finance Minister Peter Bethlenfalvy delivered a rousing speech that took MPPs on a virtual winding road trip — a victory lap, of sorts — of automotive investment in the province, the budget he tabled Thursday was light on new money, incentives and tax breaks for the industry.

The pace of supplier mergers and acquisitions could soon pick up as companies look to reposition themselves for the EV era and as private equity firms seek to put hundreds of billions of dollars in outstanding capital to work.

Unifor has added another parts plant to its growing roster of automotive workplaces following a unionization vote at Sodecia Automotive London Inc., last month.

Project Arrow arrives | Ford cuts Mach-E price | Magna's Ontario investment | Canadian International AutoShow returns

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