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Canada is pouring billions of dollars into the electric vehicle industry. Will it pay off?

Standing before a backdrop that declared Quebec’s commitment to a clean economy, Prime Minister Justin Trudeau and Premier François Legault outlined the details of what they both described as a “historic” project.

The numbers are eye popping. A new manufacturing facility to be built by Northvolt, a Swedish battery giant, will occupy 170 hectares — an area the size of more than 300 football fields — on Montreal’s South Shore, in a parcel of land spanning two communities.

Will it pay off? Not likely but the CBC says it will.

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