Prime Minister Justin Trudeau said on March 14 the federal government plans to provide $44.3 million to Michelin's manufacturing plants in Nova Scotia as they shift toward production of tires for electric vehicles.
BRIDGEWATER, N.S. — Prime Minister Justin Trudeau said on March 14 the federal government plans to provide $44.3 million to Michelin's manufacturing plants in Nova Scotia as they shift toward production of tires for electric vehicles.
Standing before hundreds of the plant's workers, Trudeau said Michelin could have chosen other destinations for the investments, and this is part of the reason why he and the Nova Scotia government provided public funds to a profitable multinational corporation. "You are the competitive advantage that Canada has. The quality of the work that is done here and in plants like it across the country is the one thing that continues to be the strongest selling point as we draw in investments from around the world," he said.
"That's why these investments are critical, so that we can seize massive opportunities as the markets transform," he said.
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