Sure. It's been a huge success over the past four years. We're now at about $46 billion in new investment into the automotive sector in Canada, in everything from battery manufacturing cathodes through to final vehicle assembly. This is a huge advantage for Canada. I think the biggest economic opportunity is in developing our critical minerals mining capacity. It relates to what we're talking about today. We are highly dependent on the Chinese EV battery supply chain. Canada happens to have every mineral needed for advanced batteries. If we can get that part of the supply chain right, I think we will be well positioned for decades to come in this sector as part of an integrated North American industry.
On September 18th, 2024. See this statement in context.