What Canada gets for its $13 billion investment in VW's battery plant

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Canada is offering Volkswagen $13 billion to build its first battery plant outside Europe in St. Thomas, Ont. Is it worth it?

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VW is the first new automaker to invest in manufacturing operations in Canada in decades, but whether thatMordue, who studies industrial policy and has negotiated with the government in the past, is skeptical about the payoffs of the VW investment. Down to Business will continue to explore other perspectives on industrial policy in the future. The interview is edited for clarity and brevity.

 

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