After months of negotiations, automaker Stellantis and battery maker LG Energy Solution have reached a deal with the federal and Ontario provincial governments. It’s worth up to $15-billion in subsidies for a plant that’s being built in Windsor, Ont.
The plant is part of Canada’s push into the clean energy sector, but with a cost in the billions, it raises questions about whether this specific deal is worth the money.
Adam Radwanski, The Globe’s climate change columnist and feature writer, takes us through why this deal could set a precedent for future projects like this.
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