July 16, 2023
Ontario’s fiscal assistance in countering the IRA has been a sticking point for months.
Canadian Finance Minister Chrystia Freeland has been pushing for the province to pay its “fair share” of the tax credits since early this year. Ontario Premier Doug Ford initially dismissed the pleas, saying the IRA was a federal problem that required a federal solution.
The prospect of losing the NextStar Energy plant, however, prompted a change of tack.
In mid-May, Stellantis and LGES halted construction on a portion of the Windsor battery plant, saying the federal government had reneged on its pledge to stay competitive with…