Global Trade Alert
Global Trade Alert

Canada: Federal and Ontario governments provide up to CAD 15 billion in incentives to the Stellantis-LGES joint venture

Announcement

06 Jul 2023

In July 2023, the federal government of Canada and the government of the province of Ontario announced subsidies to Stellantis-LGES of up to CAD 15 billion (USD 11.37 billion) for the electric vehicle battery cell manufacturing plant. 

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

06 Jul 2023

Revocation date:

No revocation date

Announced: 06 Jul 2023
State aid, unspecified In force
On 6 July 2023, the government of the province of Ontario announced the provision of up to CAD 5 billion (3.79 billion) in subsidies to Stellantis-LG Energy Solutions (LGES)' EV battery cell manufactu...
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Announced: 06 Jul 2023
State aid, unspecified In force
On 6 July 2023, the government of Canada announced the provision of up to CAD 10 billion (USD 7.58 billion) in subsidies to Stellantis-LG Energy Solutions' (LGES) EV battery cell manufacturing plant. ...
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