1000511515 Ontario Inc.

$700,000,000.00 CAD

≈ $16.90 for every person in Canada ≈ 9,047 Canadians' average pay for a year
Department
Innovation, Science and Economic Development Canada
Program
SIF Stream3- Attraction
Recipient country
Canada
Fiscal year
2023-2024
Agreement period
April 1, 2023 – March 31, 2031
Reference
ic:033-2023-2024-Q1-514759

Published purpose

This project will create a greenfield net-zero manufacturing facility in St. Thomas, ON. The plant will produce lithium-ion battery cells for up to one million Electric Vehicles (EV) per year.

In plain English AI-generated

This project funds the construction of a new net-zero battery cell manufacturing facility in St. Thomas, Ontario, producing lithium-ion cells for up to one million electric vehicles per year.

Category: Infrastructure Primarily funds activity in Canada

Based on the published description. See how AI categorization works — the linked official record is authoritative.

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View official source record Imported July 30, 2026 from open.canada.ca Grants & Contributions