Industrial policy can give some companies enormous negotiating power. After the announcement of extensive US subsidy programs, the Canadian government multiplied its subsidies for Stellantis by a factor of 15, rising them from 1 to 15 billion dollars. Why? The car manufacturer had threatened to shift a scheduled battery plant from Canada to the USA.
The figure x15 Stellantis
![](https://avenirsuisse.imgix.net/production/uploads/2024/04/x15-WP.png?auto=compress%2Cformat&ch=Save-Data&dpr=1&fit=max&w=602&s=caa67f742a8cb7b09083451b13dd0120)