It will take 20 years for governments to break even on Ontario EV battery plants, report finds

Canada, Ontario to Take 20 Years to Break Even on Volkswagen, Stellantis Subsidies: Budget Watchdog

(Bloomberg) — It will take about 20 years for Canada and its most populous province to break even on the billions of dollars in public money promised to lure Stellantis NV and Volkswagen AG to the country, a spending watchdog concluded.

Volkswagen, Stellantis subsidies will take 20 years to break even: watchdog

An analysis from the Parliamentary Budget Officer finds it will take the federal and Ontario governments two decades to break even on EV-battery manufacturing subsidies.

It will take 20 years for feds to break even with Volkswagen, Stellantis deals: PBO

OTTAWA — The parliamentary budget officer says it will take the federal and Ontario governments until 2043 to break even on their electric-vehicle battery deals with two automotive giants.

It will take 20 years for feds to break even with Volkswagen, Stellantis deals: PBO

OTTAWA — The parliamentary budget officer says it will take the federal and Ontario governments until 2043 to break even on their electric-vehicle battery deals with two automotive giants.

It will take 20 years for feds to break even with Volkswagen, Stellantis deals: PBO - Castor Advance

The parliamentary budget officer says it will take the federal and Ontario governments until 2043 to break even on their electric-vehicle battery deals with two automotive giants.

It will take 20 years for feds to break even with Volkswagen, Stellantis deals: PBO - Rimbey Review

The parliamentary budget officer says it will take the federal and Ontario governments until 2043 to break even on their electric-vehicle battery deals with two automotive giants.