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After the Stellantis ordeal, should Canada keep funding big industry?

Published by BNN Bloomberg · Canada 26 min ago
Left: Industry Minister Melanie Joly. Middle: Unifor National President Lana Payne. Right: Conservative Leader Pierre Poilievre. (The Canadian Press)
Left: Industry Minister Melanie Joly. Middle: Unifor National President Lana Payne. Right: Conservative Leader Pierre Poilievre. (The Canadian Press) · BNN Bloomberg

Detailed summary

Billions of dollars in public money have been paid, or pledged, to a growing number of companies that end up pausing Canadian production or pulling out of the country altogether.

Billions of dollars in public money have been paid, or pledged, to a growing number of companies that end up pausing Canadian production or pulling out of the country altogether. This week, Stellantis announced it plans to sell its Brampton, Ont. assembly plant to defence contractor Roshel, despite having received hundreds of millions of dollars in taxpayer money. The move has renewed scrutiny over how Ottawa chooses to dole out billions of dollars, and the strings attached to that money. More than two years ago, Stellantis began a massive retooling of the Brampton plant, paid for in part with public money.

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