Related News

Solana (SOL) Keeps $100 Alive, Recovery Push Faces First Test

Solana (SOL) Keeps $100 Alive, Recovery Push Faces First Test

February 3, 2026
Henrik Zeberg Predicts Ethereum Rally Before Massive Crypto Market Crash

Henrik Zeberg Predicts Ethereum Rally Before Massive Crypto Market Crash

October 28, 2025
Indigenous business leaders support push to build major projects — but want ‘terms that work for us’

Indigenous business leaders support push to build major projects — but want ‘terms that work for us’

June 7, 2025

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news

Related News

Solana (SOL) Keeps $100 Alive, Recovery Push Faces First Test

Solana (SOL) Keeps $100 Alive, Recovery Push Faces First Test

February 3, 2026
Henrik Zeberg Predicts Ethereum Rally Before Massive Crypto Market Crash

Henrik Zeberg Predicts Ethereum Rally Before Massive Crypto Market Crash

October 28, 2025
Indigenous business leaders support push to build major projects — but want ‘terms that work for us’

Indigenous business leaders support push to build major projects — but want ‘terms that work for us’

June 7, 2025

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news
WEMAPLE NEWS - Brand Partnerships
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news
No Result
View All Result
CONTRIBUTE
WEMAPLE NEWS - Brand Partnerships
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news
No Result
View All Result
WEMAPLE NEWS - Brand Partnerships
No Result
View All Result
Home Canadian news feed

Billion-dollar government deals with Stellantis, NextStar for EV battery plant revealed

WeMaple AI by WeMaple AI
October 22, 2025
in Canadian news feed
0
Billion-dollar government deals with Stellantis, NextStar for EV battery plant revealed
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Confidential government deals worth billions of dollars to help fund a Stellantis-backed electric vehicle battery plant in Windsor, Ont., carry dozens of conditions that, if violated, give federal officials the power to end the agreements and even force repayment in some cases, according to copies obtained by CBC Windsor.

It is unclear, however, if the contracts contain guarantees related to the company’s broader footprint in Canada, as elected officials have claimed. Some portions of the documents are redacted, so the full terms of the agreements are unknown.

The federal government and NextStar did not respond to questions before publication time.

The content of the previously unpublished contracts has come under intense scrutiny in Parliament following global automaker Stellantis’ announcement that it will shift production of a Jeep model from Brampton, Ont., to Illinois, while also investing $13 billion in U.S. operations. 

Despite Stellantis’ assurances that it has “plans for Brampton,” the move has fueled fresh fears that the plant’s roughly 3,000 workers — most of whom have been laid off since 2023 so the facility could be re-tooled — could face permanent job losses, especially as U.S. tariffs continue to batter the Canadian auto sector. 

Federal officials have since stated that the government’s deals with the company include job protections — something the official opposition has repeatedly questioned and used to demand that the Liberal government release the contracts.

CBC Windsor discovered copies of the battery plant agreements tucked within more than 150 pages of government records released by the Privy Council Office this past August as part of an access to information request. CBC Windsor obtained those records by making an informal request for the previously disclosed documents. 

The first deal, from 2022, is an agreement between the federal government and NextStar Energy, the company behind the battery facility, to provide up to $500 million of taxpayer support through what’s known as the Strategic Innovation Fund (SIF).

NextStar is a joint venture between Stellantis and Seoul-based battery giant LG Energy Solution, and the project in Canada’s automotive capital broke ground that same year. Both Stellantis and LG are parties to the agreement and listed as guarantors.

The second deal, signed in 2023, is a Special Contribution Agreement between NextStar and the federal government to provide up to $15 billion in production subsidies — one third of which will be paid by the province. 

That deal came after NextStar halted construction on the factory in Windsor to secure more public funding. The government had just struck a $13-billion deal with Volkswagen for another battery plant in Ontario, and the U.S. government had introduced substantive incentives for companies that set up EV operations south of the border.

In a July 2023 statement, federal and provincial officials said the production subsidy deal included “a number of conditions,” one of which was that “Stellantis will uphold its existing commitments in Canada and Ontario, including a production mandate at its plant in Brampton, Ontario.”

More recently, Industry Minister Mélanie Joly has alluded to such a condition in the NextStar deals and raised the possibility of legal action against Stellantis.

“Stellantis agreed with the Government of Canada and the Province of Ontario to maintain its full Canadian footprint, including Brampton, in exchange for substantial financial support,” Joly wrote in a letter to the company’s CEO.

“Anything short of fulfilling that commitment will be considered as default under our agreements,” she wrote. “In particular, the legally binding commitments that Stellantis made by accepting support through both the Strategic Innovation Fund and through the Special Contribution Agreement with NextStar Energy must be respected.”

You might also like

Deaths of 5 homeless Montrealers in 7 months prompt Quebec coroner inquiry

Union says no snow crab will be processed in N.L. until ‘fair’ price agreed upon

Federal 30-days-or-free policy for passports now in place

When asked about the deals with NextStar, a spokesperson for Premier Doug Ford said Ontario has its “own contracts in place with strong guardrails.” The spokesperson declined to say how much the province has paid out to NextStar so far.

The initial federal deal from 2022 includes multiple conditions, including that NextStar hire 2,500 full-time employees within one year of the project’s completion date — and maintain that number throughout the duration of the deal.

In the next year’s deal, the language appears less stringent, with NextStar acknowledging “that it intends to use commercially reasonable efforts to satisfy its obligations” related to the job creation condition in the previous contract.

But there is no mention of Brampton, at least in the unredacted text.

Though the province has described the production subsidies as tax breaks, the federal contract indicates they’re cash payments. 

“Notwithstanding the foregoing, the Parties acknowledge and agree that the [U.S. subsidies] are structured as a tax credit with an option to elect a cash payment, while the Contribution payments under this Agreement are structured as a cash payment only,” the document says.

Both deals list dozens of situations that would constitute an “Event of Default,” as well as detailed resolution processes that, if unsuccessful, can result in the minister terminating the contracts.

Contract provisions include requirements around maintaining accounting records, encouraging suppliers to set up shop in Canada, and obtaining the minister’s consent before a change in control of the company’s ownership.

Other conditions in the federal contracts require NextStar to “maintain ownership and ongoing operations” of the plant in Windsor during the length of the deal, which is redacted, and spend an undisclosed amount on capital expenditures in Canada.

The SIF deal says the minister may “require the Recipient to repay to the Minister all or part of the Contribution paid by the Minister, together with interest from the day of demand at the Interest Rate,” if there’s a default.

The production subsidy deal, meanwhile, says contract termination does not require NextStar to repay the money it got before the termination, unless the minister declares those payments ineligible.

The federal government has previously declined to reveal exactly how much it has given NextStar to date, but as of last year, it had doled out $268 million of the $500 million in SIF funding, per public accounts. 

Finance Minister François-Philippe Champagne, who held Joly’s position at the time the deals were inked, has suggested the government could try to recover money given under deals with Stellantis, however.

“We’re going to enforce our contractual rights, definitely,” Champagne said last week.

It’s unclear if he was referring to the battery plant deals or a separate agreement the government struck with Stellantis to help fund re-tooling at both existing Brampton and Windsor assembly plants, though.

In any case, it isn’t the first time the government’s contracts with Stellantis have been in the spotlight. In 2023, when controversy erupted over the use of foreign workers at the Windsor battery plant, a House committee requested copies of the deals to examine their conditions.

The redacted copies obtained by CBC Windsor appear to be the documents the House committee was given in response to that request.

More recently, another House committee has also demanded copies of the agreements, and gave the government two weeks to provide them.

Read Entire Article
Tags: Canada NewsCBC.ca
Share30Tweet19
WeMaple AI

WeMaple AI

Recommended For You

Deaths of 5 homeless Montrealers in 7 months prompt Quebec coroner inquiry

by WeMaple AI
April 1, 2026
0
Deaths of 5 homeless Montrealers in 7 months prompt Quebec coroner inquiry

Read Entire Article

Read more

Union says no snow crab will be processed in N.L. until ‘fair’ price agreed upon

by WeMaple AI
April 1, 2026
0
Union says no snow crab will be processed in N.L. until ‘fair’ price agreed upon

The union representing fishery workers in Newfoundland and Labrador says there will be no snow crab processed in the province until they get a deal for a "fair"...

Read more

Federal 30-days-or-free policy for passports now in place

by WeMaple AI
April 1, 2026
0
Federal 30-days-or-free policy for passports now in place

The federal government's new "30 days or free" policy for issuing passports takes effect todayIf it takes more than 30 business days to process an application, applicants will...

Read more

Liberals planned to buy back 136,000 banned guns. Fewer than half that many were declared

by WeMaple AI
April 1, 2026
0
Liberals planned to buy back 136,000 banned guns. Fewer than half that many were declared

David Hicks has been trying to get rid of his father's rifle — but hasn't had much luck telling the federal government that"It's very frustrating," said the Ottawa man "If...

Read more

Italy missed the World Cup again — but that’s good news for Canada

by WeMaple AI
April 1, 2026
0
Italy missed the World Cup again — but that’s good news for Canada

This is an excerpt from The Buzzer, CBC Sports' daily email newsletter Get up to speed on what's happening in sports by subscribing hereNo, this is not an...

Read more
Next Post
Bitcoin Price Slips Below $107,000, Analysts See a Buy-the-Dip Moment

Bitcoin Price Slips Below $107,000, Analysts See a Buy-the-Dip Moment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Solana (SOL) Keeps $100 Alive, Recovery Push Faces First Test

Solana (SOL) Keeps $100 Alive, Recovery Push Faces First Test

February 3, 2026
Henrik Zeberg Predicts Ethereum Rally Before Massive Crypto Market Crash

Henrik Zeberg Predicts Ethereum Rally Before Massive Crypto Market Crash

October 28, 2025
Indigenous business leaders support push to build major projects — but want ‘terms that work for us’

Indigenous business leaders support push to build major projects — but want ‘terms that work for us’

June 7, 2025

Browse by Category

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news
WEMAPLE NEWS – Brand Partnerships

Wemaple will be firmly committed to the public interest and democratic values.

CATEGORIES

  • Canadian news feed
  • Crypto
  • Faith
  • Geothermal
  • Golf news
  • Hockey news
  • Running & fitness
  • Skateboarding
  • Sports & Fitness
  • WeMaple news

BROWSE BY TAG

AZO Clean Tech Bitcoinist Bitcoinmagazine Canada News CBC.ca Celebrity News Christian Post CoinPedia Corporate Knights Crypto Cryptoslate Faith Geothermal Golf Hockey Lifehacker Ludwig-van.com NcrOnline newsbtc Skateboarding tomsguide.com Utah news dispatch

© 2025 wemaple.canadiana.news - all rights reserved. YYC TECH CONSULTING.

No Result
View All Result
  • Home
  • Canadian news feed
  • Skateboarding
  • Sports & Fitness
    • Golf
    • Hockey
    • Running & fitness
  • Faith
  • Geothermal
  • Crypto
  • WeMaple news

© 2025 wemaple.canadiana.news - all rights reserved. YYC TECH CONSULTING.