60
Nearly two-thirds of Canadians support tariff on Chinese-made EVs, poll finds
(www.theglobeandmail.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 08 Sep 2024
60 points (98.4% liked)
Canada
7134 readers
237 users here now
What's going on Canada?
Communities
๐ Meta
๐บ๏ธ Provinces / Territories
- Alberta
- British Columbia
- Manitoba
- New Brunswick
- Newfoundland and Labrador
- Northwest Territories
- Nova Scotia
- Nunavut
- Ontario
- Prince Edward Island
- Quebec
- Saskatchewan
- Yukon
๐๏ธ Cities / Regions
- Calgary (AB)
- Edmonton (AB)
- Greater Sudbury (ON)
- Halifax (NS)
- Hamilton (ON)
- Kootenays (BC)
- London (ON)
- Mississauga (ON)
- Montreal (QC)
- Nanaimo (BC)
- Oceanside (BC)
- Ottawa (ON)
- Port Alberni (BC)
- Regina (SK)
- Saskatoon (SK)
- Thunder Bay (ON)
- Toronto (ON)
- Vancouver (BC)
- Vancouver Island (BC)
- Victoria (BC)
- Waterloo (ON)
- Winnipeg (MB)
๐ Sports
Hockey
- List of All Teams: Post on /c/hockey
- General Community: /c/Hockey
- Calgary Flames
- Edmonton Oilers
- Montrรฉal Canadiens
- Ottawa Senators
- Toronto Maple Leafs
- Vancouver Canucks
- Winnipeg Jets
Football (NFL)
- List of All Teams:
unknown
Football (CFL)
- List of All Teams:
unknown
Baseball
- List of All Teams:
unknown - Toronto Blue Jays
Basketball
- List of All Teams:
unknown - Toronto Raptors
Soccer
- List of All Teams:
unknown - General Community: /c/CanadaSoccer
- Toronto FC
๐ป Universities
๐ต Finance / Shopping
- Personal Finance Canada
- BAPCSalesCanada
- Canadian Investor
- Buy Canadian
- Quebec Finance
- Churning Canada
๐ฃ๏ธ Politics
๐ Social & Culture
Rules
Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:
founded 3 years ago
MODERATORS
Yah, and now we have China looking to restrict canola imports in retribution, something of actual value to the Canadian economy, unlike our non-existent EV industry. There will be massive costs to agriculture from this stupidity, and it's all for image points, not anything useful.
For reference sake, agriculture contributed $42 billion to Canada's GDP in 2023. I can't find any numbers for EV because I suspect it doesn't exist.
The total new car market for 2023 was almost $90 billion. Of that, EV sales count for about 10.7%, or about $9.5 billion. Stats Can provides the first number, electricautonomy.ca was the source for the second, although they got their info from Stats Can, too.
There are a number of possible errors with this data, such as the percentage of EV sales being total sales vs. dollar sales, which would increase the amount spent on EVs since they tend to be more expensive.
And how much of that is built or sourced in Canada? Thats what we would be trying to protect when we do this. And to my knowledge, its negligible. What we're doing is appeasing the US at the cost of agricultural exports, exactly as we did when we arrested the Huawei exec that they had conveniently let across the border in order to create strife.
Here's a link that gives some insight into the situation, courtesy of @[email protected] .
I'm not buying it. We have billions of dollars at stake right now and are risking it for the maybe, possibly chance of producing domestic EVs someday. But our track record at things like emerging technology has been pretty poor, as seen by the Ottawa silicon-valley attempt and nanotech throw a lot of money down the drain accomplishing nothing.
Gee, the LPC can't get any traction west of Thunder Bay, I wonder why...