afransen
Senior Member
Chinese EVs wont be eligible for the $5K rebate. It is only available for vehicles made in a free trade partner country.
Chinese EVs wont be eligible for the $5K rebate. It is only available for vehicles made in a free trade partner country.
The Infrastructure Minister has confirmed that the $30B Public Transit Fund will be cut to $25B.Infrastructure Minister Gregor Robertson confirmed that the federal government is cutting $5-billion over 10 years to Ottawa’s key transfer program for municipal transit, but he says cities now have access to other funds as well.
I think this is a positive as there was some initial confusion whether the Public Transit Fund was being completely cannibalized by the $51B Build Communities Strong Fund.“The Canada Public Transit Fund does go from thirty to twenty-five billion in the budget. That is guaranteed funding that is available to cities for public transit. And in addition to that, we have tens of billions more that’s accessible through the Build Communities Strong Fund,” he told reporters. “So that combination enables some more flexibility and more project-based funding.”
Mr. Robertson was referencing a new $51-billion fund, which was announced in the Nov. 4 budget and primarily involves existing programs that are being renamed and reprofiled.
The transit fund remains as a separate program.
Canada’s government is working to land a Chinese-Canadian auto plant that will export electric vehicles globally, Industry Minister Mélanie Joly said.
She said Canadian auto parts firms such as Magna International Inc., Linamar Corp. and Martinrea International Inc. already have operations in China, and could participate in a joint-venture assembly plant in Canada.
“We believe that these great Canadian champions can partner with Chinese EV companies to make a Canadian-Chinese car to export it around the world,” Joly said in an interview with Bloomberg News on Friday.
Canada had previously said China was unfairly subsidizing its manufacturers, while security concerns have been raised over the vehicles’ technology.
“We can find a way to have software in the car that will address the security concerns,” she said. “We think we’re able to have labor standards that are in conformity with what we accept and expect in Canada, and that there can be local supply chains in Canada that are created out of these investments.”
Joly said there are “active conversations” on how domestic firms might complement new Chinese investment into Canada’s auto sector, including with software developer QNX, which is headquartered in Ottawa and owned by BlackBerry Ltd. On a recent trip to China, Joly met with Chinese auto firms BYD Co. Ltd., the world’s largest producer of EVs, and Chery Automobile Co.https://archive.is/o/YWuTB/https://www.bloomberg.com/quote/9973:HK
https://www.bloomberg.com/news/arti...enture-to-build-chinese-evs-for-global-export“I’ve already raised the fact with many Chinese companies that QNX is a state-of-the-art company that we could scale even more around the world,” she said.




