Announcement
21 Apr 2023
In April 2023, PowerCo, Volkswagen's EV battery-producing subsidiary, secured over CAD 8 billion (USD 5.92 billion) in subsidies from the federal government of Canada and the province of Ontario.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
21 Apr 2023
Revocation date:
No revocation date
Updated: 21 Apr 2023
State aid, unspecified
In force
On 21 April 2023, Justin Trudeau, the government of the province of Ontario announced an investment of at least CAD 8 billion (USD 5.92 billion) in support of PowerCo's EV battery factory construction...
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Updated: 21 Apr 2023
State aid, unspecified
In force
On 21 April 2023, Justin Trudeau, the Prime Minister of Canada, announced an investment of at least CAD 8 billion (USD 5.92 billion) in support of PowerCo's EV battery factory construction in Ontario....
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