Government of Canada invests in O-I Canada Corp., the Montréal branch of a global leader in glass production and recycling
O-I Canada Corp. is receiving $3.5 million in financial assistance from CED. This contribution is part of nearly $40M in Government of Canada support for innovative projects in Quebec for a green, resilient economy.
Montréal, Quebec, March 14, 2022 – Canada Economic Development for Quebec Regions (CED)
O-I Canada Corp. (O-I) manufactures a diverse range of glass containers for the beer, alcoholic beverage, wine and spirits, and food industries. To facilitate the modernization of O-I’s Montréal plant, the Government of Canada is granting the company a repayable contribution of $3.5M.
This funding was announced today by the Honourable Pascale St‑Onge, Member of Parliament for Brome–Missisquoi, Minister of Sport and Minister responsible for CED, and the Honourable Marc Miller, Member of Parliament for Ville-Marie–Le Sud-Ouest–Île-des-Sœurs and Minister of Crown‑Indigenous Relations. This contribution will facilitate the business in enhancing its productivity and increasing the use of recycled glass (cullet).
O-I Canada Corp. is a branch of U.S.-based O-I Glass Inc., one of the world’s leading producers and recyclers of glass products. It plans to acquire digital production equipment to increase the amount of recycled glass introduced into the production line at its Montréal plant and diversify production. This expansion project will enable up to 75,000 tonnes a year of cullet and glass to be diverted from landfill sites.
The Government of Canada recognizes and supports businesses and organizations that are a source of pride in their communities. Quebec’s economic recovery relies, among other things, on the adoption of green technologies and the fight against climate change. Businesses that leverage clean technologies are major contributors to growth with a smaller ecological footprint, as well as key assets in rebuilding a greener, stronger, more resilient, and more just economy for all.