Canada is falling behind in electric vehicle sales at least in part due to a lack of any federal “zero-emission vehicle” policies, leaving responsibility to the provinces. This means no federally issued rebates or supply-side policies aimed at making the electric vehicle market more efficient.
Canadian auto manufacturing associations have indicated significant opposition to a zero-emissions vehicle mandate, which would set a target for the number of electric vehicles government would like to see on the road. In June, the chief economist for the Canadian Automobile Dealers Association told the National Observer that “we’re very strongly against that.”
…On Tuesday, five organizations — the Toronto Atmospheric Fund, Clean Energy Canada, Environmental Defence, Equiterre and Simon Fraser University’s Sustainable Transportation Research Team — launched an online social media campaign called EVchoice.ca to counter that corporate pressure and encourage the federal government to implement a zero-emissions vehicle mandate. (Ottawa has said previously that it won’t implement such a policy.) Here is a direct video link.
Follow
_________________________
Cory’s Chart Corner
Humans just repeat the same old themes decade after decade. Today there is far more debt to service, thus greater financial impact on spending. Ask Walmart's CEO if he's noticed any change in consumer behavior while the U.S 10 years hits 5%.
Grant Cardone @GrantCardoneDon’t forget in April of 2007 10 year hit 5.3% and by October of 2008 they were 2%.
_________________________
Danielle’s Book
Media Reviews
“An explosive critique about the investment industry: provocative and well worth reading.”
Financial Post“Juggling Dynamite, #1 pick for best new books about money and markets.”
Money Sense“Park manages to not only explain finances well for the average person, she also manages to entertain and educate while cutting through the clutter of information she knows every investor faces.”
Toronto SunSubscribe
This Month
Archives
Log In
