We don't want to get left behind. There is this possibility that Canada, if we align with the Trump administration—and who knows what will happen next down south—we could end up as this backwater in terms of vehicles, because electric vehicles are simply better in so many ways. Look at the rapid adaptation not just in places like Europe but also in the global south. That's where the technology is going. If we want to be able to trade more with those places, there's that element, but this is also key to achieving our climate objectives.
After oil and gas production, the transportation sector is the second-largest source of greenhouse gas emissions in the country. If we don't electrify, we're not going to be able to really get at those emissions in any kind of deep way.
The passenger vehicles are relatively easy because that technology is now available. It's spreading around. We have to bring in more affordable vehicles here. It's amazing that in Europe there are like 21 EVs available under $40,000, and here, I think there's only one. If we design this law right, we can actually get those affordable vehicles here.
It's also fascinating to see that, even in other sectors of transportation, like heavy-duty trucks, we're beginning to electrify those as well. That's great to see, and Canada should be sticking with the leaders on this, not the laggards.