Author Topic: The Trudeau Brand  (Read 92227 times)

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Offline waldo

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Re: The Trudeau Brand
« Reply #3255 on: March 14, 2023, 12:16:50 pm »
of course it was a joint undertaking between the Federal & Ontario governments; François-Philippe Champagne, Canada’s Minister of Innovation, Science and Industry, and Vic Fedeli, Ontario’s Minister of Economic Development, Job Creation and Trade, issued the following joint statement:

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Earlier today, Volkswagen announced that it has selected St. Thomas, Ontario, Canada, as the location to build the company’s first overseas battery cell plant. Today’s news is a major vote of confidence in Canada and Ontario, and in our shared work to position the country and the province as a global leader on the electric vehicle supply chain.

This historic investment is a testament to Canada’s strong and growing battery ecosystem and Ontario’s competitive business environment. With a highly skilled workforce, clean energy, an abundance of critical minerals, access to markets, and a flourishing automotive and battery sector, we are an attractive investment destination with everything companies need to grow. In addition, Canada and Ontario offer stability and predictability to their business partners.

This investment is another significant step forward as we build a clean transportation sector to meet global and North American demand for zero-emission vehicles.

We will continue to build on this success by growing our EV ecosystem and supporting clean technology to create well-paying jobs and spur economic growth and prosperity for future generations.

per the related March 13th Financial Post article:

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The company {Volkswagen} signed an agreement last year with the federal government to work to identify suitable sites for such a facility in Canada, and they had also committed to investigate ways for Canada to contribute to Volkswagen’s battery supply chains, including raw materials and assembly.