Close X
Friday, September 20, 2024
ADVT 
National

Trudeau, Eby announce $1-billion battery plant in Maple Ridge

Darpan News Desk The Canadian Press, 14 Nov, 2023 04:28 PM
  • Trudeau, Eby announce $1-billion battery plant in Maple Ridge

A lithium-ion battery cell production plant costing more than $1 billion will be built in Maple Ridge, B.C.

Prime Minister Justin Trudeau and Premier David Eby jointly announced Tuesday that the new E-One Moli facility will bolster Canada's role as a global leader in clean technology.

A statement says the province is contributing up to $80 million, with $970 million coming from the federal government, E-One Moli and private sources.

Trudeau told a crowd gathered for the announcement that B.C. has long been known for its innovation in the clean-technology sector, and securing the clean battery manufacturing project will build on that expertise.

“The world is looking to Canada. When we support projects like E-One Moli's new facility in Maple Ridge, we bolster Canada’s role as a global cleantech leader, create good jobs and help keep our air clean," he said.

"This is the future we are building together, every single day. Climate policy is economic policy."

The plant will produce high-performance lithium-cell batteries found in numerous products, including vacuums, medical devices and power and gardening tools.

The statement has no details about when the plant will begin operations, but says it is expected to create 450 permanent jobs.

As part of the agreement, E-One Moli will be switching some of its plant operations from natural gas to electricity, in what the province says is part of its role in the clean-technology industry.

 

MORE National ARTICLES

Five people, including shooter, dead after shootings in Sault Ste. Marie, police say

Five people, including shooter, dead after shootings in Sault Ste. Marie, police say
Five people – including three children and a shooter – were found dead in the northern Ontario city of Sault Ste. Marie after shootings at two homes, police said Tuesday, calling what happened a tragic case of intimate partner violence. Sault Ste. Marie police said the shootings that took place Monday night had left the community in deep mourning.   

Five people, including shooter, dead after shootings in Sault Ste. Marie, police say

Magnitude 3.9 quake recorded off B.C. coast, no tsunami or damage expected

Magnitude 3.9 quake recorded off B.C. coast, no tsunami or damage expected
A minor earthquake has struck off the coast of British Columbia. Earthquakes Canada says the 3.9 magnitude quake was registered just before 11:00 p.m. PDT. The epicentre was 198 kilometres west of Port Hardy, south of Vancouver Island. It was recorded at a depth of 10 kilometres. No tsunami is expected.

Magnitude 3.9 quake recorded off B.C. coast, no tsunami or damage expected

Freeland says feds will strike 'challenging' balance in fall budget update

Freeland says feds will strike 'challenging' balance in fall budget update
Finance Minister Chrystia Freeland said Tuesday the government's fall economic statement will focus on housing and affordability within a fiscally responsible framework. "That is a challenging balance to strike. Our government is committed to doing it," she said.  The federal government's financial statements were published Tuesday, revealing the deficit for the 2022-23 fiscal year came in at $35.3 billion. 

Freeland says feds will strike 'challenging' balance in fall budget update

BC's final cruise ship sets sail today

BC's final cruise ship sets sail today
Big numbers are being reported for B-C's cruise industry. The Port of Vancouver says its final cruise ship of the 2023 season is setting sail today. It says the 2023 cruise season in Vancouver has been the port's biggest season on record, with an estimated 1.25-million passengers this year.

BC's final cruise ship sets sail today

Israel increases strikes on Gaza ahead of expected ground invasion

Israel increases strikes on Gaza ahead of expected ground invasion
Israel has escalated its bombardment of targets in the Gaza Strip ahead of an expected ground invasion against Hamas militants.  The stepped-up attacks, and the rapidly rising death toll in Gaza, came as Hamas released two elderly Israeli women who were among the hundreds of hostages it captured during its devastating attacks on towns in southern Israel earlier this month.

Israel increases strikes on Gaza ahead of expected ground invasion

Macklem warned premiers about dangers of putting BoC's independence at risk

Macklem warned premiers about dangers of putting BoC's independence at risk
Bank of Canada Governor Tiff Macklem warned premiers who publicly asked the central bank to not raise interest rates last month that their requests could undermine the institution's independence. The premiers of Ontario, British Columbia and Newfoundland and Labrador wrote to Macklem ahead of the Bank of Canada's Sept. 6 rate decision, outlining concerns about the effects of higher rates on their residents and asking the central bank not to raise its key rate further.

Macklem warned premiers about dangers of putting BoC's independence at risk