OTTAWA—Canada’s EV-building strategy will cost Ottawa and provinces about $6 billion more than announced, the federal parliamentary budget watchdog says.
A new report released by Parliamentary Budget Officer Yves Giroux says a total of $46.1 billion in government spending across the nascent EV supply chain has been announced. But the PBO estimates the total government support for capital and operating expenses to be up to $52.5 billion, which is $6.3 billion or 14 per cent higher than announced.
