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Ottawa's predicted 5 years to break even on battery plant subsidies 'unrealistic,' PBO says
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September 13, 2023
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9:59Now PlayingIt will take 20 years for the federal and Ontario governments to break even on the $28.2 billion in production subsidies pledged to Volkswagen and Stellantis for EV battery plants, according to a report released Tuesday by the parliamentary budget officer.
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