Thank you, Mr. Chair.
First, I want to thank my colleague Ms. Dancho, our shadow minister for industry, for her leadership on this file and for introducing this very important emergency motion.
The PBO estimated that government support for EV investments in Canada totalled up to $52.5 billion between 2020 and 2024, yet, despite the vast sums of public money that have been shelled out, Stellantis has announced that it's going to move production of the Jeep Compass from Brampton to Illinois, potentially putting 3,000 jobs at risk. This is despite taxpayers having already invested over $1 billion in capital and having committed another $15 billion in subsidies for their EV battery plant.
We're seeing a bit of a trend here. We're studying capital flight and productivity at this committee. We've lost hundreds of billions of dollars of capital to the Americans. Here, we see Stellantis creating 5,000 new jobs across Illinois, Ohio, Michigan and Indiana. GM is pumping $4 billion into U.S. facilities in Michigan, Kansas and Tennessee as it moves to boost production of gas-powered vehicles, given a slowing electric vehicle demand climate.
We have a pattern of lost jobs here in Canada despite that with possibly 3,000 here at Stellantis, another 300 from GM Oshawa, 500 at GM CAMI and another 1,200 at risk. We've heard of 300 at an auto plant in Quebec. Frankly, it's unacceptable. It's a betrayal of Canadian workers, taxpayers and communities.
I remind everyone on this committee that, as we are well aware, these aren't just numbers; these are families and livelihoods. They're good-paying Canadian jobs that benefit local economies. We have a duty to promote accountability and transparency. Canadians deserve that. They deserve to know that public funds that are committed lead to real enforceable commitments. Just imagine that you're one of these workers who gets a robocall saying that your job is no longer available. These are the people we're fighting for today at this committee.
That's why I support this motion. I support that we undertake this motion through a study to defend the interests of Canadians.
Thank you, Mr. Chair.