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🇨🇦 Mark Carney · 2 sources

Stellantis: Carney government involved in talks before sale

By WorldLeadersNews Research Desk

· · · Source: cp24.com

Mark Carney — WorldLeadersNews coverage
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The Canadian federal government was involved in private discussions with Stellantis and Roshel prior to the sale of a Stellantis car assembly plant to Roshel. The government did not stand in the way of the sale.

What happened

The federal government held multiple meetings with Stellantis and Roshel before the sale of the Brampton, Ont., plant to Roshel, with more than a dozen meetings in the last several months. The government knew the terms of the proposed sale and did not oppose it. The government had concerns about the sale but did not receive a satisfactory response from Stellantis. Stellantis has offered to repay $24 million to the government.

Why it matters

The sale of the plant and government involvement in the negotiations have sparked public reaction, with Prime Minister Mark Carney calling the sale a "betrayal." The sale affects the livelihoods of over 2,200 workers who were on lay-off pay. The government's involvement in the negotiations may have implications for future business dealings.

Key facts

  • The federal government had multiple meetings with Stellantis and Roshel before the sale. The government did not oppose the sale. The government had concerns about the sale. Stellantis offered to repay $24 million to the government. The plant was idle since 2023.

Topics

Defense & Security

Publisher evidence used

Reporting attributed to cp24.com. WorldLeadersNews links readers to the publisher and does not present a headline-only item as a full article analysis.

Read at cp24.com

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