Not to build EVs as originally planned, but $464M to a "for profit company", to build gas powered, extra large, pick up trucks!

[unionmaidns@mstdn.ca]

Not to build EVs as originally planned, but $464M to a "for profit company", to build gas powered, extra large, pick up trucks! What is wrong with these people? Why does FORD need incentive if there is profit in it? I don't understand crony capitalism well. Clearly very short term thinking for a country!!!

Ottawa grants Ford $464-million to refit shuttered truck plant

Factory in Oakville, Ont., which has been closed for retooling since 2024, will employ 1,800 people when it fully reopens

The Globe and Mail (www.theglobeandmail.com)