Quebec’s auditor common says the provincial authorities confirmed poor planning in $2.2 billion of investments in varied battery corporations.
The report launched in the present day by Christine Roy discovered that the investments by the Coalition Avenir Québec authorities lacked clear targets and timelines.
Roy’s workplace analyzed 29 recordsdata associated to 11 corporations within the battery sector, representing roughly $2.2 billion in approved monetary help as of Sept. 30, 2025.
About $1.9 billion of that cash had been disbursed as of that point.
Get day by day Nationwide information
Get day by day Canada information delivered to your inbox so you may by no means miss the day’s high tales.
The auditor famous that 4 of the 11 corporations have filed for creditor safety, whereas two others have suspended or deserted their tasks.
The businesses analyzed embrace electrical vehicle-maker Lion Electrical in addition to battery producer Northvolt, whose mum or dad firm in Sweden went bankrupt in March 2025.
This report by The Canadian Press was first printed June 10, 2026.
© 2026 The Canadian Press