Im born In Québec city and you probably don’t know but separating is the worse thing that can happen , provincial government is literally a rip off there is no administration more crooked in Canada, if we separate we are over, they will suck the money out of taxpayers and build big things nobody want. Like right now.
right from Stats Canada website: "Over half of new manufacturing plants shut down by the time they are six years old. By the age of 15, fewer than 20% are still functioning. The average new manufacturing plant in Canada operates for only nine years; 14% of new plants close in their first year."
In a way, attracting foreign manufacturers is unavoidable due to our own limitations in technological and industrial capacities. Since a big chunk of our money have been already used, the most important question is how we are going to pull maximum of benefits from. We all know those plants being built in Canada are basically part of US American reshoring plan and they are for US American market. In this angle, for those manufacturers, Canada may represent only a production-assembling site like what China was during globalization time. This signifies that those guys may not be interested in transferring technologies and knowledge to Canadians. For this reason, we need to keep pushing our politicians to make sure that those manufacturers invest in our universities and in other researching groups to transfer the technologies and knowledge. Otherwise, all these deals mean that we are paying our own employments with our own tax money to make foreign companies and some politicians richer.
There needs to be a huge increase in government accountability. This handing out billions of our tax $$ at the whims of the government at the moment needs to be better controlled..especially with a minority government that should NOT have the ability to hand out such massive tax payers $$. Its sickening.
Northvolt is going bankrupt, how many billions is the Canadian pension fund going to lose. The deal with nortvolt was made a year ago and now going bankrupt. Good deal???scam
Absolutely! 100% a scam right from the signing of the contract with them. That’s what the scumbags do running our government. Pad the pockets of their “owners” and disguise it as a government funded business endeavour that will “ make Canadian lives better “ Lmao the citizens are complete fools!
You can tell this guy doesnt seem to agree with the environment ministers plan for power across the country. His focus is on growth and I think he realizes the oil and gas industry play a role in that. He also knows that this idea the oil companies arent cleaning up their process is not true. The emissions per barrel of oil has been going down.
A deal done by Fitzgibbon who has been already blamed several times for lack of ethics in his business. No wonder it's a ton of money. Legault is just a puppet. The battery business is short lived, in 25 years the technology will be obsolete.
It's an Swedish battery giant & innovator that is investing the money to build this gigafactory in Canada. Northvolt is Europe's biggest battery manufacturer and the fastest-growing battery manufacturer in the world. They have all the capital in the world to expand and are therefore ready to build gigafactories outside of Sweden. This one in Canada for North America and another one in Germany. Northvolt recently invented an viable replacement/complementary to the lithium ion battery. Cheaper , consisting ofmaterials that are bountiful compared to lithium. Trust me, taxpayers will not suffer from this project. They have endless resources already and this recent innovation of theirs will make them them the only western contender to China in the battery manufacturing sector. Taxpayers will not suffer anywhere they choose to establish a factory:)
Excerpt from science advisor: The battery pack of a Tesla Model S is a feat of intricate engineering. Thousands of cylindrical cells with components sourced from around the world transform lithium and electrons into enough energy to propel the car hundreds of kilometers, again and again, without tailpipe emissions. But when the battery comes to the end of its life, its green benefits fade. If it ends up in a landfill, its cells can release problematic toxins, including heavy metals. And recycling the battery can be a hazardous business, warns materials scientist Dana Thompson of the University of Leicester. Cut too deep into a Tesla cell, or in the wrong place, and it can short-circuit, combust, and release toxic fumes. That's just one of the many problems confronting researchers, including Thompson, who are trying to tackle an emerging problem: how to recycle the millions of electric vehicle (EV) batteries that manufacturers expect to produce over the next few decades. Current EV batteries "are really not designed to be recycled," says Thompson, a research fellow at the Faraday Institution, a research center focused on battery issues in the United Kingdom. That wasn't much of a problem when EVs were rare. But now the technology is taking off. Several carmakers have said they plan to phase out combustion engines within a few decades, and industry analysts predict at least 145 million EVs will be on the road by 2030, up from just 11 million last year. "People are starting to realize this is an issue," Thompson says. Governments are inching toward requiring some level of recycling. In 2018, China imposed new rules aimed at promoting the reuse of EV battery components. The European Union is expected to finalize its first requirements this year. In the United States, the federal government has yet to advance recycling mandates, but several states, including California-the nation's largest car market-are exploring setting their own rules. Complying won't be easy. Batteries differ widely in chemistry and construction, which makes it difficult to create efficient recycling systems. And the cells are often held together with tough glues that make them difficult to take apart. That has contributed to an economic obstacle: It's often cheaper for batterymakers to buy freshly mined metals than to use recycled materials.
Talk about the mining industry and how the minerals are mined in 3rd world countries. Non-existant labour and safety standards. Chemical tailing ponds. Why wasn't this plant in Manitoba?
canda has some of the biggest deposits of rare minerals in the world i think northvolt has this in mind as rare minerals are currently being controlled by china. wich sweden wants to stop.
@@Dennan I'm canadian. We don't exploit our minerals because of the remote location, indigenous communities oppose or ask large sum of money, altogether it's much more expensive to start such mining locally given the already existing international companies. The Northvolt project is a scam by the minister Fitzgibbon - a person who has already 6 investigations on business ethics. Govt is putting 7 billion into a questionable long term project, instead of investing this money into PME
@@Peppermint1 yea it is kinda wierd they would pay a company to come, usally companis look at like roads, safety, laws benefiting companies and such, paying a company to build a factory is wierd.
Northvolt is the most environmentally friendly battery manufacturer in the world, you should look up how they do things before you speak on the matter. They are the battery manufacturer that always has innovated in recycling and sourcing materials in the most environmentally friendly ways possible. Mostly sourced from Swedish mines industries which are plentiful. They also recently invented a new type of sodium battery that is a viable replacement for lithiom ion batteries which is the most progress / innovation batteries have seen in over a decade. The positive impact on the environment this innovation will have is insane. The new sodium battery only uses minerals/materials that are common/plentiful compared to lithium.
Sad to see more billions of tax payers money going to help big profitable and powerful corporations while the small businesses are forgotten and it will take years for this investment to pay back and that is if all goes according to plan…. :(
@@AstroBear11that isn’t a justification tho, i’m from usa and i can tell you right now there lying thru there teeth, you cannot create a “green clean battery” with out creating other pollutants, etc. best of luck my Canadian friends
It's an Swedish battery giant & innovator that is investing the money to build this gigafactory in Canada. They are also planning an gigafactory in Germany. Northvolt is Europe's biggest battery manufacturer and the fastest growing battery manufacturer in the world. They have made insane amounts of money and are therefore ready to build factories outside of Sweden. Northvolt recently invented an viable replacement/complementary to the lithium ion battery. Cheaper, mmade with materials that are bountiful compared to lithium. Trust me, taxpayers will not suffer from this project. They have endless resources.
And our billions of tax $$ flushed away, like water over Niagara falls. VW has recently announced they are cutting back on production of 2 of their EVs, but the big dozers continue to push dirt around, outside St Thomas..
Thank goodness. The decades of equalization payments from the Prairies can stop.
U want freedom and referendum in Quebec. This is a country recognise USA and India together. Support Quebec.
Im born In Québec city and you probably don’t know but separating is the worse thing that can happen , provincial government is literally a rip off there is no administration more crooked in Canada, if we separate we are over, they will suck the money out of taxpayers and build big things nobody want. Like right now.
@@KevKev-jf2tj like the Canadian government for the last 50 years?
right from Stats Canada website:
"Over half of new manufacturing plants shut down by the time they are six years old. By the age of 15, fewer than 20% are still functioning. The average new manufacturing plant in Canada operates for only nine years; 14% of new plants close in their first year."
In a way, attracting foreign manufacturers is unavoidable due to our own limitations in technological and industrial capacities. Since a big chunk of our money have been already used, the most important question is how we are going to pull maximum of benefits from. We all know those plants being built in Canada are basically part of US American reshoring plan and they are for US American market. In this angle, for those manufacturers, Canada may represent only a production-assembling site like what China was during globalization time. This signifies that those guys may not be interested in transferring technologies and knowledge to Canadians. For this reason, we need to keep pushing our politicians to make sure that those manufacturers invest in our universities and in other researching groups to transfer the technologies and knowledge. Otherwise, all these deals mean that we are paying our own employments with our own tax money to make foreign companies and some politicians richer.
There needs to be a huge increase in government accountability. This handing out billions of our tax $$ at the whims of the government at the moment needs to be better controlled..especially with a minority government that should NOT have the ability to hand out such massive tax payers $$. Its sickening.
Yea in research spied by Chinese students
Northvolt is going bankrupt, how many billions is the Canadian pension fund going to lose. The deal with nortvolt was made a year ago and now going bankrupt. Good deal???scam
Absolutely! 100% a scam right from the signing of the contract with them. That’s what the scumbags do running our government. Pad the pockets of their “owners” and disguise it as a government funded business endeavour that will “ make Canadian lives better “ Lmao the citizens are complete fools!
You can tell this guy doesnt seem to agree with the environment ministers plan for power across the country. His focus is on growth and I think he realizes the oil and gas industry play a role in that. He also knows that this idea the oil companies arent cleaning up their process is not true. The emissions per barrel of oil has been going down.
Right now the project is facing delays and slowdowns
It all makes sense now 😅
This project is full of corruption, No BAPE incredible,but there will be one trust me.
Good news!
Billions for 3000 jobs?
Government jobs
16000 jobs and a superfactory
Free quebec
A deal done by Fitzgibbon who has been already blamed several times for lack of ethics in his business. No wonder it's a ton of money. Legault is just a puppet. The battery business is short lived, in 25 years the technology will be obsolete.
They said the same thing with oil in 1900s
i mean battries are always needed to keep our gadgets and other electronics to work, even a gas car needs a battery to run.
Another lawsuit impending
This what Quebec is getting meanwhile Alberta is being left behind
Blame ucp
We don’t need that kind of money
How's that Quebec problem? It's not their fault Quebec is attractive to businesses
Buid a wall between Manitoba and Ontario, it’s the west’s only hope
Alberta dosent have enough people, its a gas economy, and not enough specialist workers.
How many taxpayer dollars is this one costing us to buy votes in Quebec????
It's an Swedish battery giant & innovator that is investing the money to build this gigafactory in Canada. Northvolt is Europe's biggest battery manufacturer and the fastest-growing battery manufacturer in the world. They have all the capital in the world to expand and are therefore ready to build gigafactories outside of Sweden. This one in Canada for North America and another one in Germany.
Northvolt recently invented an viable replacement/complementary to the lithium ion battery. Cheaper , consisting ofmaterials that are bountiful compared to lithium. Trust me, taxpayers will not suffer from this project. They have endless resources already and this recent innovation of theirs will make them them the only western contender to China in the battery manufacturing sector.
Taxpayers will not suffer anywhere they choose to establish a factory:)
@@LoudnessJP And if you believe that then you think Comrade Turdeau is the tooth fairy as well.
Excerpt from science advisor:
The battery pack of a Tesla Model S is a feat of intricate engineering. Thousands of cylindrical cells with components sourced from around the world transform lithium and electrons into enough energy to propel the car hundreds of kilometers, again and again, without tailpipe emissions. But when the battery comes to the end of its life, its green benefits fade. If it ends up in a landfill, its cells can release problematic toxins, including heavy metals. And recycling the battery can be a hazardous business, warns materials scientist Dana Thompson of the University of Leicester. Cut too deep into a Tesla cell, or in the wrong place, and it can short-circuit, combust, and release toxic fumes.
That's just one of the many problems confronting researchers, including Thompson, who are trying to tackle an emerging problem: how to recycle the millions of electric vehicle (EV) batteries that manufacturers expect to produce over the next few decades. Current EV batteries "are really not designed to be recycled," says Thompson, a research fellow at the Faraday Institution, a research center focused on battery issues in the United Kingdom.
That wasn't much of a problem when EVs were rare. But now the technology is taking off. Several carmakers have said they plan to phase out combustion engines within a few decades, and industry analysts predict at least 145 million EVs will be on the road by 2030, up from just 11 million last year. "People are starting to realize this is an issue," Thompson says.
Governments are inching toward requiring some level of recycling. In 2018, China imposed new rules aimed at promoting the reuse of EV battery components. The European Union is expected to finalize its first requirements this year. In the United States, the federal government has yet to advance recycling mandates, but several states, including California-the nation's largest car market-are exploring setting their own rules.
Complying won't be easy. Batteries differ widely in chemistry and construction, which makes it difficult to create efficient recycling systems. And the cells are often held together with tough glues that make them difficult to take apart. That has contributed to an economic obstacle: It's often cheaper for batterymakers to buy freshly mined metals than to use recycled materials.
Talk about the mining industry and how the minerals are mined in 3rd world countries. Non-existant labour and safety standards. Chemical tailing ponds. Why wasn't this plant in Manitoba?
True. Also, Africa is being looted by Canadian mining companies. Fact the canadian media will never disclose, being the puppet of the government
canda has some of the biggest deposits of rare minerals in the world i think northvolt has this in mind as rare minerals are currently being controlled by china. wich sweden wants to stop.
@@Dennan I'm canadian. We don't exploit our minerals because of the remote location, indigenous communities oppose or ask large sum of money, altogether it's much more expensive to start such mining locally given the already existing international companies. The Northvolt project is a scam by the minister Fitzgibbon - a person who has already 6 investigations on business ethics. Govt is putting 7 billion into a questionable long term project, instead of investing this money into PME
@@Peppermint1 yea it is kinda wierd they would pay a company to come, usally companis look at like roads, safety, laws benefiting companies and such, paying a company to build a factory is wierd.
Northvolt is the most environmentally friendly battery manufacturer in the world, you should look up how they do things before you speak on the matter. They are the battery manufacturer that always has innovated in recycling and sourcing materials in the most environmentally friendly ways possible. Mostly sourced from Swedish mines industries which are plentiful.
They also recently invented a new type of sodium battery that is a viable replacement for lithiom ion batteries which is the most progress / innovation batteries have seen in over a decade. The positive impact on the environment this innovation will have is insane. The new sodium battery only uses minerals/materials that are common/plentiful compared to lithium.
Sad to see more billions of tax payers money going to help big profitable and powerful corporations while the small businesses are forgotten and it will take years for this investment to pay back and that is if all goes according to plan…. :(
@@AstroBear11that isn’t a justification tho, i’m from usa and i can tell you right now there lying thru there teeth, you cannot create a “green clean battery” with out creating other pollutants, etc. best of luck my Canadian friends
You clearly don't know how the economy works and the importance of FDI
When money enters a state, its good for that state
Subsidy that taxpayers will pay
The money enters the country from another country
It's an Swedish battery giant & innovator that is investing the money to build this gigafactory in Canada. They are also planning an gigafactory in Germany. Northvolt is Europe's biggest battery manufacturer and the fastest growing battery manufacturer in the world. They have made insane amounts of money and are therefore ready to build factories outside of Sweden.
Northvolt recently invented an viable replacement/complementary to the lithium ion battery. Cheaper, mmade with materials that are bountiful compared to lithium. Trust me, taxpayers will not suffer from this project. They have endless resources.
Cant wait to see this fall flat on its face. Like its done in the past😂
And our billions of tax $$ flushed away, like water over Niagara falls.
VW has recently announced they are cutting back on production of 2 of their EVs, but the big dozers continue to push dirt around, outside St Thomas..
you better triple your fire department
this is a swedish company, we focus on safety before profits.
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