OTTAWA, May 2 (Xinhua) -- Canadian Prime Minister Justin Trudeau on Monday announced a new federal investment in project funding for automaker Stellantis that will modernize assembly plants and increase the production of electric vehicles (EV).
According to a news release from the prime minister's office, the Canadian government is investing up to 529 million Canadian dollars (423 million U.S. dollars) into this project. The Province of Ontario is also supporting the project with an investment of up to 513 million Canadian dollars (410 million U.S. dollars).
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