The stupidity of Justin Trudeau’s far-left government continues; tariffs make DOMESTIC prices more expensive, and recently, the Liberal government of Canada, with the support of their Far-Left Socialist friends and the NDP, put a 100% tariff/tax on Chinese EVs.
Because operational COSTS of doing business in Canada are already ridiculously expensive because of existing PRICE CONTROL mechanisms, China, which for example, doesn’t allow LABOUR UNIONS, can make Electric vehicles for a fraction of the cost and in some ways, BETTER than most other countries, because for example there’s no CARBON TAX in China, and whether you like it or not, the carbon tax exists to PUNISH legal entities that won’t or CAN’T adhere to the Environmental, social, and governance (ESG) corporate welfare mandates.
So charging Canadian consumers a TARIFF on Chinese-made things the Canadian government doesn’t like equates to an ADDITIONAL carbon tax for Canadian consumers, as now they’re being forced to subsidize inefficiently constructed Electric Vehicles.
Currently, there is no EV market; the entire EV market is being subsidized, and not only is it being subsidized, but if the government doesn’t like how you’re making EVs, it’s going to make sure it’s unattractive for Canadian consumers to buy a car for you, thereby limiting consumer options, and allowing EV producers the government does like to raise their prices, which they will do, because based on the current EV “market” the government will PAY YOU or refund you to purchase an EV.
I’m not even going to talk about the grid, which everyone knows as constructed now, can’t handle the capacity; we’ll save that for another time.
EVs cheaper to run but costs must come down to drive sales up fast enough: PBO
A new analysis suggests it’s already cheaper to operate electric vehicles than their similar gas-powered cousins, but the savings must get substantially higher if Canada is to meet its EV sales target in 2030.
Almost a year ago the federal Liberals mandated that battery-operated passenger cars must make up one-fifth all total new vehicle sales by 2026, growing each year until it hits three-fifths by 2030, and all vehicles by 2035.
The most recent statistics show in 2023 EVs made up almost 11 per cent of new vehicle registrations, the first time it exceeded the 10 per cent barrier nationally.
An analysis published today by the parliamentary budget officer says the overall cost of EVs has to fall by almost one-third to meet that 2030 target.
The cost looks at purchase price, including rebates, as well as the annual operating cost over eight years.This report by The Canadian Press was first published Aug. 29, 2024.
The Canadian Press