As Finance Minister Peter Bethlenfalvy gears up for Thursday’s provincial budget, the government says details of public subsidies to Volkswagen must remain under wraps for now.
That’s because Queen’s Park and Ottawa are courting other automakers and do not want to tip off rival American states vying for EV factories.
“This money belongs to Canadians. Not to a foreign corporation. Not to Justin Trudeau. How much of Canadians’ money is he giving to this foreign corporation?”“How many jobs? How much is the cost per job? How much?” he said, criticizing federal Innovation Minister François-Philippe Champagne. “Right now, we’ve got governments all through the U.S. scrambling to figure out what did they do wrong. Why didn’t they land a company like Volkswagen?” said the provincial minister.
“Right at this moment, we are negotiating with several other companies — all EV-related — to come to Ontario. It’s commercially sensitive, so we’re trying to just keep our cards close to the vest for the short time.”because high-level talks are proceeding well with other firms and further deals could be coming within “the next weeks and months.”
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