Carney shakes up Canada's auto industry, replacing EV sales mandate with purchase rebates — CBC News
Prime Minister Mark Carney is repealing Canada's electric vehicle mandate that set a target that all new vehicles in Canada must be electric in a decade. Instead, the government is introducing stronger greenhouse gas emission standards for vehicle models 2027-32 to encourage automakers to...
Carney expects his new emissions system will lead to 75 per cent of new cars sold in Canada being electric by 2035 — an ambitious goal, but still less than the previous mandate that Carney is ditching…
To try and keep automakers in Canada from moving south, Ottawa plans on giving Canadian automakers more “relief” from U.S. tariffs.
The prime minister said if the U.S. "insists on auto tariffs" during the CUSMA review, the government is looking at rewarding companies that sell vehicles in Canada.
"We will explore strengthening Canada's automotive remission framework through a tradeable credit system that would reward companies that produce and invest in Canada," Carney said.
"In short, companies that manufacture and invest here would earn credits, while companies seeking to sell vehicles in Canada without paying tariffs would be required to purchase those credits."