OTTAWA, Canada: A government source has said that Canada will announce its support for a multi-billion-dollar investment by General Motors in two plants, including one that will assemble electric commercial vehicles (EV).

Without providing further details, the source added that the federal government and Ontario’s provincial government will invest in the two plants in the cities of Ingersoll and Oshawa.

According to a statement, Scott Bell, GM’s Vice President Global Chevrolet, Canada’s federal Industry Minister Francois-Philippe Champagne and Ontario Premier Doug Ford will make an announcement this week about “an important investment in the future of Canada’s automotive manufacturing sector.”

GM confirmed that the announcement will take place at its vehicle test track in Oshawa.

In early 2021, GM said it would invest $799 million to convert its CAMI Assembly Plant in Ingersoll, Ontario, to manufacture its BrightDrop EV600 commercial delivery vans.

Later in the year, GM reopened its Oshawa plant, which was closed for two years, to assemble the Chevrolet Silverado pickup truck.

As the world aims to cut emissions by investing in the EV supply chain, Canada is trying to safeguard the future of its manufacturing center in Ontario, which is geographically close to U.S. automakers in Michigan and Ohio, including GM.

Last month, GM and South Korea’s POSCO Chemical announced that they will jointly build a $400 million facility to produce battery materials in Canada, as part of the carmaker’s plans to produce EVs in the future.