Industry Minister Champagne makes the case for EV investment at ‘right time’ for Canada

📆 27/07/2022 16:24:00
📰 AutoNewsCanada

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After wrapping up his latest international trade trip to Japan on July 8, having met with leaders from Honda, Nissan, Panasonic, Subaru and Toyota, the list of overseas automakers and battery companies with which François-Philippe Champagne has not recently shared a conference table is getting slim.

Canada’s minister of innovation, science and industry also pitched the country as an investment destination to BMW, LG Chem, Mercedes-Benz and Volkswagen on two separate tours through Europe this May.

How well that pitch resonates with the laundry list of companies Champagne met with will be measured in euro, yen, won and dollars over the next few years. “It doesn’t make much sense to mine in Africa, refine in Asia and build batteries at home,” Champagne said, pointing to Canada’s one-stop shop for every step in the EV production process.

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How’s that investment going in Brampton / Windsor at Stellantis? You gave them money to help retool and now they are laying off workers and using taxpayers money to buy out workers. Yet they made 15 billion profit in 2021. They shouldn’t be laying anyone off using our tax $$$

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