Canada OKs ‘Massive’ $20 Billion Loan for Trans-Mountain Pipeline
www.desmog.comCritics say support for TMX means struggling Canadians end up paying the price as global fossil fuel companies “reap the rewards.”
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What’s going on Canada?
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Canada is blocking EVs?
Only Chinese EVs, that’s what they meant by affordable, 100% tariff as the CCP massively bankrolls EV export. It’s to “protect Canadian Steel and Aluminium workers”. In other words, the US said to. There’s not really a Canadian firm that produces consumer EVs, one company makes EV busses and RVs, but all the rest of the Canadian vehicle companies make either EV conversion kits, high end sports cars(EV and ICE) or armoured vehicles.
Canada has been spending billions to attract EV manufacturing in Ontario and Quebec. BYD’s heavily subsidized cars threaten to upend those investments, and tariffs are an appropriate response.
There’s also a startup in BC that’s making EV commercial trucks.
Noice! 👌
Love to see it!