While Ontario Premier Doug Ford would not disclose how much more money the province is prepared to contribute to the $5-billion project, he told reporters in Windsor that Ontario “is in for one-third of the cost.”
The Ontario government is stepping up in a “massive, massive way” to help resolve the funding dispute over the Stellantis-LG Energy Solution battery-cell plant in Windsor, Premier Doug Ford said June 1.
However, a source close to the negotiations tells Automotive News Canada that the province will fund one third of"everything" and that could mean up to $5 billion. Ford said recent Toronto media reports that a deal was done were premature, although he expressed confidence that a resolution was possible.
“We were on the line with the PMO, Chrystia's team, along with Francois Philippe ... until 2:00 in the morning … But we're here to help them get their deal.”"The premier wants the people of Windsor and the people of Ontario to know that we want them to be secure in their jobs,” Fedeli told Automotive News Canada on Thursday while at the BEV In-Depth: Mines to Mobility conference in Sudbury."It's to be finalized,” Fedeli said of the agreement.
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