Global Trade Alert
Global Trade Alert

Canada: Federal and Ontario governments invest over CAD 1 billion in Stellantis automobile manufacturing project

Announcement

02 May 2022

In May 2022, the government of Canada together with the government of the province of Ontario announced an investment of CAD 529 million (USD 413.28 million) and CAD 513 million (USD 322.55 million) respectively in Stellantis' electric vehicle facilities in Ontario. 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

02 May 2022

Revocation date:

No revocation date

Updated: 02 May 2022
State aid, unspecified In force
On 2 May 2022, the government of Ontario announced a CAD 513 million (USD 322.55 million) disbursement to Stellantis Canada for the development of Electric Vehicles (EV)-manufacturing facilities in th...
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Updated: 02 May 2022
State loan In force
On 2 May 2022, the national government of Canada announced a commitment of CAD 529 (USD 413.28 million) funding to Stellantis Canada for the development of Electric Vehicles (EV)-manufacturing facilit...
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