Canada has become un-investable, thanks to Liberals.
Elbows up, retards!
π¨π¦ CANADAβS AUTO SECTOR: LOOK PAST THE ANNOUNCEMENTS. FOLLOW THE OUTCOMES. π§Ύ
Canadians were promised an EV boom. Hereβs the picture these figures paint:
π Honda, Alliston: The $15B EV complex indefinitely suspended in May 2026.
π Stellantis, Brampton: Jeep production moved to Illinois after more than $500M in public aid. Ottawa responded with a formal default notice.
π NextStar, Windsor: Stellantis sold its battery joint-venture stake for $100, writing off roughly $1B amid a global EV retreat.
π GM CAMI, Ingersoll: A $2B EV conversion ended in permanent closure. More than 1,000 jobs gone, with roughly $518M in government funding exposed.
π GM Oshawa: Third shift cut. An estimated 750β1,200 jobs lost as truck production shifts to Indiana, even with $280M in new investment staying in Oshawa.
π Ford Oakville: The original $1.8B EV plan gave way to a $2.3B gas-truck conversion and a fresh $464.5M federal grant.
π Umicore, Loyalist: The $2.7B battery plant has been paused since July 2024. Roughly $1B in promised government support remains undisbursed.
π Northvolt, Quebec: The Swedish parent went bankrupt. The $7B factory vision collapsed, with reported losses of roughly $270M for Quebec and more than $1B across Canadian pension funds.
These projects span different governments and a global EV slowdown. Blaming every setback on one prime minister misses the history.
But Carneyβs government still has to answer the question workers and taxpayers care about:
What is the plan to keep investment and jobs in Canada?
A funding announcement isnβt a factory. A photo op arenβt jobs .