Quote:
Originally Posted by YOWetal
Well what's the alternative? Given we are in the Federal Politics thread what federal policy would be better?
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Mine our nickel, lithium etc here, have the mining companies ship it to companies overseas that know how to make batteries cheaply, then ship those batteries to vehicle assembly plants. Canadians get cheap EVs. Government doesn't need to be involved, or spend any money, aside from building roads to the mines.
That's better than forcing everyone to have to buy an overpriced EV in the name of protecting a few thousand jobs (many of which don't even exist yet), and spending billions of tax dollars each year to subsidize the whole thing.
I'm not an expert, but I don't see why existing autoplants can't just be upgraded to include installing batteries into cars. I don't see why the batteries need to be made here. It makes far more sense for the batteries to be made in countries that are already good at consumer electronics (China, Taiwan, etc) and then sent here for vehicle assembly.
None of this needs to be subsidized.
EDIT:
It gets even better. After looking it up - all of Canada's auto assembly workers combined are only 125,000 people. That sounds like a lot, but is actually a drop in the bucket (we bring in that many newcomers each month). Canada's auto assembly industry is responsible for $3.7B or 0.18% of our total GDP.
https://www.unifor.org/resources/our...sector-profile
This is hardly something that's worth throwing $45B at to "save".