A strong and predictable trading environment is one, with excellent trade agreements not only here in North America but around the world. Companies like Volkswagen, which made significant investments in Canada, made a choice to invest in Canada. What they see is the incredible skills of the Canadian people, whom we invest in, and they see a real action plan to fight climate change. Therefore, by investing in a very important production facility that will build EVs, they can be assured that the rules-based system here in Canada will create that predictability for them.
Another advantage is the incentives that we have also put in place. What you are seeing is deliberate investments and incentives so that we can build out this sector in a really strong way. That is deliberate action the government has taken to fight climate change and build an economy that is green and will work for everyone, and that includes making strategic investments in this sector. These are all factors that went into the various investments that have come in.
Like I said earlier, $120 billion to create a green economy has been invested through tax credits and a whole range of other measures. We are seeing $44 billion of investment specifically in the EV supply chain. Companies and their boards make decisions on Canada as a destination for all of the very strong reasons that I just talked about.
It really is about having a plan to fight climate change and to build this sector right here in Canada.