The federal government’s electric vehicle (EV) mandate — requiring that 20 per cent of all new vehicle sales in Canada be electric by 2026 — was designed with the best intentions. It was a bold climate policy that aligned with international commitments and aimed to reshape one of Canada’s most critical economic sectors.
But we’re now speeding into a very different corner of the track.
The Star went insane and published this!
“Under current rules, an automaker that falls short of the EV sales target must buy credits at $20,000 per non-compliant unit just to keep selling gas-powered vehicles in Canada. For a company selling 300,000 vehicles a year, falling 10 per cent short could trigger a $600 million penalty. That’s not environmental policy. That’s economic punishment.”
That’s crazy dictator stuff.
