First, I'd say that the federal government worked very closely with the sector to help the sector transition to electrification. We went through the biggest reinvestment in history in this industry—$46 billion in new investment between 2020 and now, including major investments into battery production, as well as critical minerals mining and converting facilities to electrification.
The challenge that we face is that EV demand did not keep up with the initial, very optimistic forecast that we all had around the pace of uptake. There has been a lot of success, but we have to adjust to the market, and the market is saying, right now, that Canadians don't want EVs at the rate that government has dictated.
