‘St. Thomas is exactly where we need to be’ – Vianode CEO Burkhard Straube in announcing a $3.2 billion investment in the city

With the Yarmouth Yards industrial park serving as a backdrop, Ontario Premier Doug Ford called Thursday’s (Nov. 20) announcement of a $3.2 billion investment by Norwegian firm Vianode a historic milestone for southwestern Ontario and a major win for workers.
The ceremonial ground-breaking was on the site of what will become a state-of-the-art synthetic anode graphite manufacturing facility that will initially result in 300 new, good-paying jobs.
Anode graphite is a critical component in electric vehicle batteries, nuclear reactors, semiconductors, aerospace and defence systems, steelmaking and other strategic industries.

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SW Ontario lagging behind in job creation, income growth, warns economist

city_scope_logo-cmykA sobering report released this week that brings into perspective the impact manufacturing’s decline has had on southwestern Ontario’s median household income through 2015 (the last year of available census data).
The report’s author Ben Eisen, a senior fellow with the Fraser Institute, notes Windsor falls from 10th highest median household income to 25th while London falls from 15th to 27th (out of 36 Canadian metropolitan centres).
St. Thomas is included in the London Census Metropolitan Area (CMA) and so the report has important local relevance.
Eisen’s work covers the period between 2005 and 2015 and so it is a look back in time and the next census in 2021 may give a clearer picture of where we are today.

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