On Tuesday, Innovation Minister François-Philippe Champagne said he’s ‘confident’ stalemate can end with province’s help
Almost immediately after that legislation passed, the companies began to seek assurances from Ottawa that the Windsor plant would not be on an “uncompetitive footing” with the U.S., according to a letter sent last month from the companies’ chief executives to Mr. Trudeau and obtained by The Globe. The letter was first reported in the Toronto Star.
The exact cost to taxpayers of matching the IRA for either of the factories is not possible to predict, because the U.S. subsidies – provided through production tax credits – are tied to how many battery cells and modules are produced by plants between now and a phase-out of the subsidies by 2032.have been projected to cost between $7-billion and $13-billion.
Ontario Finance Minister Peter Bethlenfalvy on Tuesday told The Globe that the province has upheld its commitments. An Ontario official confirmed that such talks were continuing, but said the province was not involved in the federal government’s negotiations with Stellantis about IRA measures and was not aware that commitments were made to the company since last August.
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Champagne says Ontario needs to 'pay fair share' to end 'stalemate' with Stellantis | CBC NewsInnovation Minister Francois-Philippe Champagne is calling on Doug Ford’s Ontario government to pay its “fair share” of subsidies to break the “stalemate” that saw Stellantis halt construction of its electric vehicle battery plant in Windsor, Ont., this week.
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