Canada’s electric vehicle manufacturing subsidies are not “investment” – they are economic illusions. There has been over $40-billion worth of Canadian federal and provincial handout announcements, including up to $15-billion for Stellantis and LG, up to $16.3-billion for Volkswagen, $7.3-billion for Northvolt, and a continuing race to give billions to Honda and others. As Dutch, South Korean, German, Swedish, and Japanese companies build their value chains using Canadian taxpayers’ dollars, what’s in it for Canada?
