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Canada needs 20 years to break even on Stellantis, Volkswagen subsidies

The government claimed Volkswagen investment would pay back "in less than five years"

Isabeau van Halm
Canadian Prime Minister Justin Trudeau in Windsor, Ontario, on May 2, 2022, where Stellantis announced a C$3.6 billion investment to accelerate the company’s electrification plans. Source: Stellantis

Canadian Prime Minister Justin Trudeau in Windsor, Ontario, on May 2, 2022, where Stellantis announced a C$3.6 billion investment to accelerate the company’s electrification plans. Source: Stellantis

In July, Canada and Ontario's governments announced production subsidies of up to C$15 billion for Stellantis-LGES. In April, Volkswagen had already fixed support of around C$13.2 billion for their...

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