The automotive industry is under unprecedented pressure, as you've outlined. Some of that is emanating from protectionist policies in the United States, but there are also a number of Canadian policies that have put huge costs on this industry at the worst possible time.
We estimate that the federal EV mandate will cost Canadian manufacturers over $3 billion in compliance credits. It must be repealed. We have to take a look at every single element of Canada's competitiveness. If we're going to protect the automotive footprint, we should be evaluating all of these rules and regulations and determining if they are effective and what the cost is. If it's clear that they're redundant and ineffective, like the EV mandate, get rid of them. Let manufacturers focus on what they do best, which is building cars here and employing Canadians. Don't put these unnecessary regulations on top of them at a time like this.