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wmoxam | 4 months ago
The Canadian market cannot support a car company without exporting the majority of production. The US is our largest natural market and does not want our auto exports. It's unclear why other markets would want our EVs either.
Artificial barriers to protect an industry where we don't have an advantage (autos) which results in tariffs on a sectors where we do (agricultural products, resources) isn't sustainable or desirable.
petermcneeley|4 months ago
cmrdporcupine|4 months ago
But parent poster is correct that blindly subsidizing and funding a local industry with no market will also just lead to boondoggles and failures.
Especially in the context of an uncooperative trading partner which could have been a potential export market for our production in the past but now is a hostile state trying to break apart national unity and destroy what little manufacturing sector successes we have.
We've already had major issues around the massive battery construction plants proposed here in Ontario and Quebec, that got major government support and investment.
Unfortunately this is the very difficult place the manufacturing sector in Canada finds itself in. And the Canadian working class as a whole.
I wouldn't call it myopic to be skeptical here. If there was an easy answer Canada would have taken it decades ago.
wmoxam|4 months ago
How much are 125k manufacturing jobs in Ontario worth? Are there no better economic sectors that we can build up?