Author: scarlettjoseph7
Canada – Up to $40M from Ottawa and Québec for Taiga Motors
The Government of Quebec confirms a $30-million loan for Taiga Motors, while the Government of Canada plans to grant a loan of up to $10 million to the business. These financial contributions will support Taiga Motors’ project to industrialize the manufacture of personal watercraft, snowmobiles, electric motorization systems and battery packs. This initiative valued at $125.17 million will lead to the creation, by the end of 2023, of at least 370 well-paying jobs in Montréal and Shawinigan. Shawinigan, Quebec, July 12, 2021 — The Government of Quebec confirms a $30-million loan for Taiga Motors, while the Government of Canada plans to grant a ... Read more