Colby Cosh: The impending implosion of Trudeau's 'win-win-win' EV battery plant deal
Whirl with me back in time all the way to September 2023, when the federal and Quebec governments announced that they would be partnering with Swedish battery maker Northvolt to plunge headlong into the bright green future. Canada and Quebec would be laying out about $2.7 billion in capital, and more in downstream subsidies, to facilitate the construction of a vast, hypermodern battery plant in the province’s hinterland to help meet the world’s unlimited appetite for electric vehicles, creating thousands of jobs and contributing to global environmental health. “It’s a win-win-win — for workers, for communities, and for the environment,” trumpeted the prime minister. What could go wrong?
20 Nov 11:00 · National Post