Mr. Chair, I will be sharing my time with the member for St. Catharines.
It is a privilege, being a first-time member of Parliament, to rise in this House to speak to today's take-note debate on the automotive industry. Before I begin, I want to acknowledge that we are standing upon the traditional unceded territory of the Anishinabe Algonquin nation.
I am going to focus my remarks on the electric vehicle availability standard, but first, let me point out that Canada's auto manufacturing industry is one of the country's largest export industries. It directly supports over 125,000 good-paying jobs, and many of those are unionized. Last year alone, it contributed $16.8 billion to Canada's gross domestic product. Its significance cannot be overemphasized.
That is why the Government of Canada stands firmly with its auto industry and its workers, and when it comes to the auto industry, electric vehicles are the future. One in four vehicles sold globally is a zero-emissions vehicle. We need to make sure that our auto sector is well positioned to thrive in, and can contribute to, this transition.
There are important benefits for Canadians and the environment as well. Zero-emissions vehicles are less expensive to operate and cheaper to maintain. They have fewer moving parts. They do not contain spark plugs or engine air filters that need to be replaced. They do not need oil changes or engine tune-ups.
According to the Canadian Automobile Association, the average electric vehicle owner saves 40% to 50% in maintenance costs compared to those associated with gas-powered vehicles. It also estimates big savings in powering electric vehicles. According to the association, the average Canadian spends close to $3,000 on gasoline, but when it comes to powering an average electric vehicle, it works out to only a few hundred dollars each year.
Of course, we are also looking at reductions in greenhouse gas emissions. When it comes to the technology, investments in Canadian innovation are continuing to improve the range, efficiency and battery life of EVs, as well as the overall efficiency in the transportation sector. Canada is investing in research and development, such as in NRCan's energy innovation program and its on-road transportation decarbonization project with the University of New Brunswick.
This project aims to reduce the cost and improve the performance of electric motors used in EVs. It seeks to ensure a secure and more cost-effective supply chain for motor vehicle materials through the development of new high-silicon electrical steels and rare earth element-free magnets. These new materials will make EVs more affordable and reduce reliance on trade with other rare earth element-producing nations. Advances in EV technology are also continuing to improve performance in cold weather. Most models now have systems for preconditioning the battery before charging, which drastically increases the charging speed in cold weather.
There is no question that here in Canada we have everything we need to lead the global electric vehicle ecosystem. We have decades of experience in automotive manufacturing, and we have a talented workforce. However, at this time, automakers are navigating extreme market dynamics. The Government of Canada recognizes this.
We realize that Canadian automakers are seeking changes in trade and tariffs on Canadian vehicles. They are navigating shifts in the automotive industry, and they are experiencing economic uncertainty. That is why the Government of Canada announced on September 5 that it would waive the 2026 model year vehicles from the electronic vehicle availability standard requirements, and on that very same day it also launched a 60-day review of the electric vehicle availability standard, which has concluded. The Government of Canada will, in due course, announce the path forward that best supports Canadian industry, while ensuring Canadians have choices in the EV market of the future.
As a father of two young children looking for their future to be clean and green and making sure that we leave them a future that is even better than today, I look forward to working with this government and I look forward to working with those across the way to make sure that this happens.