Ottawa, province hope 'aggressive package' can prevent Stellantis plant sale: Joly
Ottawa and Ontario are offering new funding and production options as Stellantis faces possible repayment of hundreds of millions in public subsidies.
- Industry Minister Mélanie Joly hopes to prevent Stellantis from selling its Brampton, Ont., assembly plant to Roshel, stating Ottawa has "put an aggressive package" to block the deal and remains "still in solution mode to prevent the sale."
- Stellantis announced Thursday it intends to repay only $24 million in federal support for the Brampton facility's retooling, though Joly warned the company could owe "hundreds of millions of dollars" if it proceeds with the sale.
- Ontario Economic Development Minister Vic Fedeli said support is available if the company can "buy some time" rather than selling, as officials coordinate with the union representing more than 9,000 Stellantis workers.
- Federal and provincial officials plan to meet with global CEO Antonio Filosa following Thursday's discussion with Stellantis Canada CEO Trevor Longley, where Joly will present "new scenarios."
- The facility's future remains central to Canada's electric vehicle manufacturing strategy as officials work to preserve domestic production and regional employment amid broader industrial pressures.
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The Unifor union is less optimistic, considering that the sale has already taken place and that it should be cancelled.
Ottawa, Ontario offer Stellantis 'aggressive' package to prevent Brampton plant sale
Federal Industry Minister Mélanie Joly said Friday that Ottawa is working with Queen's Park and Unifor to convince the automaker to abandon its agreement to sell the plant to Canadian defence manufacturer Roshel.
The Toronto Star
Joly puts ‘aggressive package’ to Stellantis in bid to stop sale of Brampton plant
The federal government has put an “aggressive package” before Stellantis in an effort to prevent the company from selling its Brampton assembly plant, Industry Minister Melanie Joly says.
In the aftermath of her threat of bringing a lawsuit against Stellantis in order to recover the federal funds paid to the car manufacturer, Industry Minister Melanie Joly is still optimistic about the possibility of preventing the company from selling its assembly plant in Brampton, Ontario, to Roshel.
Ottawa, province hope 'aggressive package' can prevent Stellantis plant sale: Joly
TORONTO — A day after threatening to sue Stellantis to recoup federal cash given to the automaker, Industry Minister Mélanie Joly says she's still hopeful she can prevent the company from selling its Brampton, Ont., assembly plant to Roshel.
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