fromwww.cbc.ca
11 hours agoFeds gave Stellantis more than $220M before Brampton decision, records show | CBC News
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.
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