In 2015 Export Development Canada made Volkswagen a $526-million loan to help it consider doing business with Canada's auto-parts makers, as it was expanding its operations in the southern United States and Mexico. However, under WTO rules, Export Development Canada can't tie its loans to specific purchases. Unifor was pretty critical of this loan, especially on the idea of helping facilitate the migration of auto sector industry jobs to Mexico or the southern U.S. with no real guarantee of Canadian benefits. Do you think there would have been any compromise to that EDC investment with greater penalties to Volkswagen?
On February 1st, 2021. See this statement in context.