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The EV mandate is dead. Can a new plan rescue the auto sector?

Published 1 month, 1 week ago
Description

Prime Minister Mark Carney's new auto strategy ditches the Trudeau-era electric vehicle mandate in favour of stronger emissions standards, revives EV purchase incentives with a $2.3-billion program and sets aside $3 billion of the Liberals' Strategic Response Fund for the sector as it faces U.S. tariffs. Industry Minister Mélanie Joly defends restrictions for rebates on non-Canadian EVs, acknowledging that only one electric vehicle is currently made in Canada. Plus, the Power Panel discusses former prime minister Stephen Harper's imperatives for Canada on U.S. relations.

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