Power & Politics Automaker sells Ontario battery plant stake for just $100
8 snips
Feb 6, 2026 
Susan Holt, New Brunswick premier focused on public safety and regional development. Peter Armstrong, CBC business reporter who breaks down corporate moves and jobs data. Greg McEachran, former ministerial adviser on national unity and trade. Melanie Richet, former NDP communications director on party dynamics. They discuss a $100 battery-plant stake sale, mixed jobs numbers, exits from social platform X, and Canada–U.S. strategic shifts.
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Jobs Data Shows A Stalled Recovery
- Canada’s job market is weak and stuck, with 25,000 jobs lost and manufacturing shedding 28,000 roles.
- Peter Armstrong warns recovery could take well into next summer despite a falling unemployment rate caused by people leaving the labour force.
Stellantis' Symbolic $100 Exit
- Stellantis sold its 49% stake in the Windsor battery plant to LG for US$100, signalling a decisive exit from that EV play.
- Peter Armstrong says this shows Stellantis urgently wanted out while LG sees a growth opportunity in Canada.
Move Official Messaging Off X
- New Brunswick will stop routine government communications on X due to harmful content and inadequate safeguards.
- Premier Susan Holt says governments should use multiple channels and emergency-notification systems instead of relying on X.