"The federal government paid Stellantis more than $220 million to help upgrade its plants in Ontario before the automaker revealed plans to move some production to the U.S., recent records show. It's more than double the amount the federal government disclosed when asked in October about its Stellantis spending, after the multinational announced that it will scrap plans to build the Jeep Compass at its Brampton plant and assemble it in Belvidere, Ill., instead. Stellantis has received $18,629,124 under the agreement for FYE (fiscal year end) 2023 and $85,936,055 for FYE 2024, for total support of $104,565,179, a spokesperson for Innovation, Science and Economic Development Canada (ISED) told CBC News at the time. But the figures did not include the most recent fiscal year, which concluded at the end of March."
"The money comes from a deal inked in 2022 that provides Stellantis with up to $529 million to help update the company's assembly plants in Brampton and Windsor, Ont., to support both gas and electric-powered vehicle production. The province also pledged to provide up to $513 million, but Ontario Premier Doug Ford has said his government has not given Stellantis any funding for the Brampton plant because it didn't meet conditions related to job creation and project milestones. The company did get $55 million for the Windsor plant, though, per Ford."
Federal records show roughly $118 million was paid to Stellantis in fiscal 2025, bringing total federal support under the 2022 modernization agreement to about $222 million. The 2022 deal offers up to $529 million from the federal government and the province pledged up to $513 million to update Brampton and Windsor assembly plants for gas and electric vehicle production. Previously disclosed federal payments for FYE 2023 and FYE 2024 totaled $104,565,179. Ontario says it withheld Brampton funding for unmet job-creation and milestone conditions while providing $55 million for Windsor. Stellantis' Brampton decision to move Jeep Compass production to Belvidere, Illinois raised job fears for about 3,000 workers; modernization work halted in February amid U.S. tariff uncertainty.
Read at www.cbc.ca
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