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Environment committee  Not completely. There are opportunities to recycle federal carbon tax revenues to companies to put in place effective carbon abatement programs and efficiencies at both manufacturing facilities and other operations. There are good examples of companies investing in that. The more

November 2nd, 2020Committee meeting

Brian Kingston

Environment committee  Was that on the feasibility of the engines?

November 2nd, 2020Committee meeting

Brian Kingston

Environment committee  No, the CVMA has not done a study on those engines.

November 2nd, 2020Committee meeting

Brian Kingston

Environment committee  We are always 100% supportive of engagement with industry when that type of regulation is being developed. So yes, absolutely, we would be open to those discussions, and any sort of industry consultation.

November 2nd, 2020Committee meeting

Brian Kingston

Environment committee  I'm not aware of that at this point.

November 2nd, 2020Committee meeting

Brian Kingston

Environment committee  Absolutely. That's why consumer incentives are so critically important. Until we reach a point where there's price parity between a zero-emission vehicle and an ICE vehicle—an internal combustion engine—you need consumer incentives to bring the price down so that average Canadian

November 2nd, 2020Committee meeting

Brian Kingston

Environment committee  Yes. There have been a number of studies done. Most point to the late 2020s for achieving price parity. That's when you'll see battery technology advancing to a point where the cost is the same.

November 2nd, 2020Committee meeting

Brian Kingston

Environment committee  Absolutely, yes. A number of studies are looking at the different technology development spectrums and when an electric vehicle that is using battery technology will reach price parity with an ICE vehicle, that is, with a traditional combustion engine. Now, technology can someti

November 2nd, 2020Committee meeting

Brian Kingston

Environment committee  No. I'm sorry. It's the late 2020s.

November 2nd, 2020Committee meeting

Brian Kingston

Environment committee  Yes, anywhere between 2025 and 2030. In multiple studies, that seems to be the wheelhouse.

November 2nd, 2020Committee meeting

Brian Kingston

Environment committee  That's correct.

November 2nd, 2020Committee meeting

Brian Kingston

Environment committee  With respect to our alignment with the U.S., our position is that we must remain totally aligned with the U.S. at all times. This industry is completely integrated throughout North America, and 86% of the vehicles that we produce here in Canada end up in the U.S. We've always cau

November 2nd, 2020Committee meeting

Brian Kingston

Environment committee  With respect to the Ford investment, I can't comment on a company-specific strategy on where they will sell the vehicles. The key for electric vehicles—and this goes to my previous point—is that they will be sold where consumer incentives are high enough to entice more people to

November 2nd, 2020Committee meeting

Brian Kingston

Environment committee  Well, in Ontario, sales declined quite significantly once that incentive came off. That incentive was extremely powerful. You saw a little bit of an uptick when the federal iZEV program came on, but we're still nowhere close to where we were when the incentive was in place. I

November 2nd, 2020Committee meeting

Brian Kingston

Environment committee  I offer my apologies for the Internet issues. With respect to supply, I have good news. When you look at what my three members are doing by way of investing—and this is outlined in the brief—there are literally dozens of new models coming online in the next few years. In fact,

November 2nd, 2020Committee meeting

Brian Kingston