The McGuinty government presented A $10-million loan to Diamond Aircraft Industries in London for the development of a single-engine, five-seat jet aircraft June 23 2006. Part of the governments Advanced Manufacturing Investment Strategy. Comments for the announcement were heard from Premier Dalton McGuinty, Minister of Economic Development and Trade Joseph Cordiano, Minister of Training, Colleges and Universities Chris Bentley, and Diamond CEO Peter Maurer.
Diamond Aircraft is a Austria-based company and has been producing aircraft in London since 1993.