The Globe and Mail reports in its Thursday, July 3, edition that federal incentives for electric vehicles, particularly the iZEV ((incentives for zero-emission vehicles) program, successfully encouraged purchases before running out of funds, with Ottawa spending about $3-billion from May, 2019, to January, 2025, and supporting around half a million cars. Given the current unpredictable automotive landscape, characterized by fluctuating tariffs, rapidly changing technologies and strong competition from Chinese automakers, it is crucial to reinstate these incentives. In North America, the automotive sector is a $1.2-trillion industry, generating more than $500-billion in annual sales, supporting some 1.7 million direct jobs and producing 17 million vehicles each year. You do not achieve that kind of economic output in a climate of hesitation and volatility. Or uncertainty.
It might seem obvious, but this needs to be said: Historically, the foundation of the sector's collective success has been predictability -- the quiet confidence that the rules of the game do not change mid-play. Today, that confidence is waning -- for those who sell cars and those who buy them. Uncertainty is an anchor that drags against progress.
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