alt Hacker NewsGood. Carney also remarked our relationship with China is now more predictable with our relationship with the states (wild shade coming from him) just to really make it clear to certain parties why this is happening.
Cheaper car options in this country will be nice, and I say this as a certified car hater who's yet to own one despite pushing 40.
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I think the niche for EV's in Canada will be regional-ish transportation... I would love to see a network of chargers that fully cover the Trans-Canada Highway, but there are still some pretty significant gaps, for example Hwy 17 - If even one of the stations goes down you'd be stranded.
But in that niche I can really see cheap EVs taking off. I know several people who live in Toronto whose cars have never been more than ~80 KM from home, and rarely been over 100 KM/h. That's a perfect EV user.
And a huge plus would be to get rid of the monster American trucks & SUVs that take four parking spots and two lanes at a time...
A bit of nuance: yes, Carney said that but he didn't just offer up the opinion unprompted - it was in response to a direct press question about if China or the US is a more predictable partner right now.
And even then, he didn't lead with "China is!" but wandered his way into offering the assessment.
The context makes his comment on this seem less nakedly provocative (not that it'll matter either way - the headline will be the headline, and the Trump admin will use it however they see fit as usual).
You do realize that this will impact the car industry and jobs in Canada, right? Even a not-so-good deal with the usa would be much better that this overall!
Great news indeed. Canada sends money to help ukraine with their Russia problem. Canada then sends money to Russia's communist partner China on the other side.
I find it bizzare that liberals in Canada are happy about doing anything with China considering they are anti liberalism, anti west and have many examples of large scale human right abuse.
Who wants to be a trade partner with the US these days? I honestly ask people who aren't fully indoctrinated or already have ties established?
Its a dependency that I have to think almost all countries/businesses are evaluating. How do you do business and set up long term supply chains in a country can't trust that the economic policy of today exists in 3 months, they are actively trying to undermine their currency and the system of law is under heavy pressure to the point of failure.
It is tough to be supportive of the United States under this administration or that the future state of the US will be more sound. Having their formally closest trade partner looking over to China for trade is a massive signal.
The trade off is the market is large and strong financial (availability of capital) foundation - but I fear thats changing.