Speaking recently with BNN, Derek Young, partner at Gowling WLG, shared his insights on the federal government's evolving strategy to attract electric vehicle (EV) manufacturing investment in Canada. With policy discussions now moving beyond simple quotas and emissions targets, the focus is shifting toward incentives that tie import access to tangible investment in Canadian production and infrastructure.
Young noted that the broader intent behind the proposed framework is to "incentivize production in Canada," encouraging international automakers to contribute to the growth of domestic manufacturing capacity as part of securing expanded market access.
"The broader idea is to incentivize production in Canada. What we're seeing is a carrot approach, where international players are encouraged to invest in Canadian infrastructure and manufacturing as part of gaining greater access to the market." — Derek Young, Partner, Gowling WLG
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- Canada takes a 'carrot' approach to EV manufacturing: Interview with Derek Young on BNN