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The four companies that filed for creditor protection represented 34 per cent of $2.2 billion the government pumped into the EV battery sector between April 2020 and September 2025, according to a provincial auditor general report. These investments had “no objective, no timeline, no measurement, no indicator, no target,” it reads. (The Logic)
Talking point: Quebec’s EV battery sector has suffered through a North American decline in EV demand, with several high-profile project suspensions and bankruptcies. It is the second critical auditor general report in as many months targeting the governing Coalition Avenir Québec’s initiatives, with the first focusing on mining sector investments in the province.
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