Ontario will contribute $500 million for the plant’s construction and the federal government will add another $700 million
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“We believe it would be beneficial to calculate the expected impact on jobs in other sectors due to the fiscal measures needed to provide the necessary funds to subsidize these jobs?” Poilievre wrote.Article content Polievre asked Giroux to test Champagne’s math and see if the subsidy really will be paid back in economic activity.
News that Volkswagen had picked St. Thomas, Ont for its next facility was announced in March, but Friday’s event detailed the high cost governments are paying to bring the factor to Canada. The massive facility will be run by PowerCo, the company’s battery subsidiary is expected to employ 3,000 people directly and thousands more in spin-off industries.
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