It didn’t take long for Carney to get out the EV subsidy shovel again.
Speaking at an auto parts manufacturer in Woodbridge, Ont., Prime Minister Mark Carney said Ottawa is restoring the rebate program with $2.3 billion to help Canadians cover the cost of a new EV, and $1.5 billion for EV infrastructure like charging stations.
Ottawa will offer $5,000 toward the cost of a new EV and $2,500 toward plug-in hybrids. Those rebates will decrease every year until they’re phased out after 2030 — or until the money for the program runs out.
Or rather, until the government goes bankrupt.
The largest manufacturer of vehicle batteries including EV batteries is a company called Clarios, which was bought off Johnson Controls back in 2019 by Brookfield. Makes sense now?
‘…money for China and chicks for free….’
Alberta has to leave.
How do you afford your E and V lifestyle?
Is it you or some other taxpayer in this income tax bracket?
https://youtu.be/2BW6CVqJNdU?si=fx0WgF5A_HayjdnG
$Rich$ people get discounts on their virtue autos.
L – The E.V. subsidy shovel paid with the fed. gov’t “credit card” the added to the deficit/National Debt, all financed by ever increased taxes. Most are purchased as virtue signalling by people who already have other gas/diesel powered vehicles. Subsidizing toys for *people with higher than average incomes, but paid for by whom? Is P.M. Mark Carnage going to run on that in the upcoming election?
Subsidies and rebates for the wealthy. But yes, Marx Carnage will still have the “Elbows Up!” retards singing his praises.
Just like the recent grocery affordability announcement, none of this EV expenditure was in the budget. More new spending.
https://economiccollapse.report/ev-bloodbath-carmakers-suffer-face-melting-losses-as-buyers-flee-credits-end/
EV Bloodbath: Carmakers Suffer Face-Melting Losses as Buyers Flee, Credits End
Well they can’t have their battery plants turn into the countries biggest boondoggle can they? They’ll do anything to not let that happen.
NextStar Energy is supposed to be producing batteries around now, but they are going into energy storage systems because there isn’t any demand for EVs, Volkswagen PowerCo should start producing sometime in 2027, and Northvolt in Quebec is bankrupt, taking a bunch of taxpayer money with it.
So first, carney lowers the tariff barriers on Chinese, made Evs and then announces a large subsidy for those who buy them. Ford, both the company and the premier, must be very pleased with him.
Better triple your order for Chinese EVs, Carney. I hope we get extra egg rolls!
Funny that Ford, Stellantis and GM have all put the brakes on EV truck production due to massive loses.
Carney’s knowledge of economics is right up there with his strength training and Canadian history.
https://nationalpost.com/opinion/carson-jerema-the-ev-mandate-isnt-being-scrapped-it-is-being-renamed
“According to Carney, who keeps referring to “Canada’s new government,” the new standard will be the same as requiring 75 per cent of all new cars be zero-emissions by 2035 and 90 per cent by 2040, as opposed to 100 per cent by 2035 under the old policy. So an economically ruinous plan has been replaced with a slightly less economically ruinous plan.”
“It’s true that car sellers and manufacturers were pleased with the plan and environmentalist groups accused the government of caving to corporate pressure, but the objective of the new policy remains more or less the same as the old one — to force Canadian auto dealers to sell electric vehicles and beg Canadians to buy them.”
“This reality runs in direct contradiction to Carney’s pledge, made during the same announcement, that if the Americans insist on auto tariffs, “we’ll ensure that companies that sell vehicles in Canada are strongly incentivized to produce in Canada.” That may be what the prime minister says he wants, but the new EV policy will hamper the Canadian auto industry, while subsidizing American companies. It could also lower demand for gasoline, which will harm the oil and gas industry in this country. Elbows up, Carney.”
So Canada is borrowing $5,000 each for cars made in China. Cars made in China, in case anyone missed it, help put Canadian manufacturers out of business. Mark Carnage is such an asshole.
is that why Canaduhians voted for him? did they really seek an asshole on the ballot and pick that one? do Canaduhians regularly select a will-not for P.M.?