Canada is pitching corporate actors a compelling sell sheet, blending the promise of U.S. market access with raw-material supply, a strong environmental record and government support.
When the federal and Ontario governments began hinting last fall at imminent investments in Canada’s electric-vehicle battery supply chain, I was more than a bit skeptical.
As the auto sector enters uncharted territory, government has been “trying to find something to hang their hat on,” said Sam Fiorani vice-president of global vehicle forecasting at U.S.-based AutoForecast Solutions . So far, he said, the battery-heavy strategy is helping Canada “stay relevant.” Government narratives about the strength of combining Canada’s raw materials with its advanced-manufacturing base are resonating with industry because an integrated North American supply chain is what the automotive industry needs, said Conrad Layson, senior alternative-propulsion analyst at AFS.
Fiorani pointed to Honda’s and Toyota’s assembly operations in Ontario — where current production covers gasoline and hybrid vehicles, but not battery-electrics — as having potential. General Motors’ Oshawa Assembly Plant, which builds gasoline and diesel pickups, is another example.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Opinion: Canada is witnessing more thunderstorms than ever beforeAre severe and extreme weather events on the rise? And does this have anything to do with manmade climate change? The simple answer is: it’s complicated.
Read more »
Businesses are beginning to pay down sales-tax debt accumulated during pandemic, Canada Revenue Agency saysBusinesses may have turned a corner after pandemic as outstanding unpaid sales tax falls in second quarter after peaking at $14,9-Billion in March, says CRA
Read more »
Trudeau questions business case for natural gas exports from Canada to Europe - Terrace StandardCanadian, German leaders defend decision to return gas turbine to Russian company
Read more »
Doxed transgender activist, Twitch streamer leaving Canada due to ongoing threatsThe woman at the centre of a swatting incident involving the London Police Service says she is being forced to leave the country due to ongoing harassment and threats to her life.
Read more »
Low-income residents, visible minorities disproportionately affected by flooding risks in Canada: studyA new study that has found that socially vulnerable groups in Canada, including those who are economically insecure, Indigenous people and other visible minorities, are more likely to be impacted by flooding.
Read more »
Navigating Canada’s best canyoning sites – some outdoor skills required‘In Canada, there are so many first-descent opportunities,’ canyoning guide Guillaume Coupier exclaims
Read more »