Quebec’s $270 million investment in the Swedish parent company of battery maker Northvolt is gone, the provincial government confirmed on Wednesday. “The value of that amount is considered lost,” said ...

Northvolt declared bankruptcy in Sweden on March 12. Its North American subsidiary remains active, but its future now rests in the hands of the trustee appointed by a Swedish court to oversee the ...

The $270 million invested by Quebec in Northvolt’s parent company in Sweden is no longer worth anything, the government confirmed. “We believe the value of this amount is lost,” Christine Fréchette, ...

The $270 million invested by Quebec in Northvolt’s parent company in Sweden is now worthless, confirmed the provincial government. CTV News App Contact Us FAQ Newsletters Team Twitter feed ...

The federal government failed to consult the MCK ahead of its decision to commit funding to Northvolt, the Swedish company behind the project. Given that funding was committed pursuant to a federal ...

The Quebec government’s debt was downgraded on Wednesday by the rating agency Standard & Poor’s (S&P). The agency lowered its ...

The decision by S&P to lower Quebec's credit rating is a stark reminder of the financial challenges the province faces. This downgrade will likely result in higher borrowing costs for Quebec, meaning ...

By Norimitsu Onishi Reporting from Montreal, Sainte-Thérèse and Blainville, Quebec When Prime Minister Mark Carney appeared last Sunday on Quebec’s most popular talk show, “Tout le Monde en ...