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HomeNewsOther NewsOntario providing more money to Stellantis, Ford says

Ontario providing more money to Stellantis, Ford says

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By Canadian Press

May 19, 2023 | 10:01 AM

ST. CATHARINES, Ont. — Ontario Premier Doug Ford says the province is providing more money in a quote to keep car manufacturer Stellantis from taking out of building an electrical vehicle battery plant in Windsor, Ont.

Stellantis and LG Energy Solution revealed in 2015 that they were building the $5-billion plant, however have in recent days stopped building and construction and cautioned they were executing contingency strategies due to the fact that the federal government hasn’t measured up to a contract. 

The CEOs of the 2 business composed last month to Prime Minister Justin Trudeau, stating Ottawa had actually validated in composing 5 times that it would match production rewards under the United States’ Inflation Reduction Act, however has actually not provided on those dedications.

But the federal government has actually been pressing Ontario to pitch in also, stating the province likewise needs to pay its “fair share.”

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