After meeting with Prime Minister Mark Carney on Wednesday, Brian Kingston, CEO of the Canadian Vehicle Manufacturers’ Association, said he is optimistic that the federal government understands it may need to revise its 2035 deadline to transition to electric vehicles, which would require nearly doubling sales next year to stay on track. (The Logic)
Talking point: Canada’s federal mandate that all new vehicle sales be zero-emissions by 2035 has long faced pushback from automakers, despite support from environmental groups. The Canadian government is behind its targets for building EV chargers, and the parliamentary budget officer estimated last month that EV ownership costs will need to fall by a third if the country wants to meet its targets, after the federal government failed to renew its consumer incentives. American automakers also face tariffs on both sides of the U.S.-Canada border. The Prime Minister’s Office said Carney discussed adjusting Canadian counter-tariffs on July 21 in the meeting, which included Kingston and the Canadian CEOs of Stellantis, Ford and General Motors.