Why is Canada giving two automakers $30 billion dollars in subsidies for EV battery production?

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Canada’s federal and Ontario governments have pledged subsidies of close to $C30 billion to entice Volkswagen and Stellantis, two of the world’s leading automakers, to build electric-vehicle (EV) battery production facilities in St. Thomas and Windsor, Ontario. Coming in the run up to next month’s expiry of contracts covering 170,000 Detroit Three autoworkers on both sides of the Canada-US border, the tax exemptions and other financial support underscore that the Canadian…

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