Economic storm clouds are circling above Canada’s border with the United States, threatening to move northwards and spread across the country.
Ontario’s fledgling electric vehicle manufacturing industry is one area of the economy watching fearfully for what comes next. With an election campaign underway in the province, the best way to handle EV jobs is increasingly on the ballot.
On Thursday, Progressive Conservative Party Leader Doug Ford said he would continue to spend government money on EV and battery plants if re-elected, even if subsidies from the U.S. that Ontario has only promised to match disappear.
“A re-elected PC government will honour our commitment to invest in the sector,” Ford said on Thursday. “No matter what decision the U.S. makes about the Inflation Reduction Act, we will maintain our financial contributions.”
He added, “Even if President Trump tears up America’s commitment to the auto industry, we will not.”
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