
"Canada is starting a dispute resolution process against Stellantis after the automaker said last month that it's moving jobs to the U.S. Industry Minister Melanie Joly told a parliamentary committee Monday that Ottawa wants to recover some of the billions it has committed to Stellantis. Joly said Stellantis moving production of the Jeep Compass from Brampton, Ont., to Illinois is a violation of a contract."
""Today, before the close of business, the government will take the next step under the contracts to recover Canadian taxpayers' money, Joly said. This means that we will start the 30-day period of the formal dispute resolution process in order to bring back production at the Brampton facility. This is the start of the dispute resolution process." In September, the company said it was scrapping plans to build the new Jeep Compass in Brampton, instead moving production to Belvidere, Ill."
Canada has initiated a formal 30-day dispute resolution process to recover taxpayer funds after Stellantis announced moving Jeep Compass production from Brampton to Belvidere, Illinois. Industry Minister Melanie Joly stated the relocation violates contractual commitments tied to multibillion-dollar subsidies. The federal government and Ontario previously pledged billions to Stellantis, including a joint $15 billion commitment for a NextStar electric vehicle battery plant in Windsor. Ottawa seeks to bring production back to the Brampton facility and to recover some of the committed funds under contract remedies. The dispute resolution process launches immediately and will determine financial recovery or reinstatement of production.
 Read at www.cbc.ca
Unable to calculate read time
 Collection 
[
|
 ... 
]