International Trade committee  I would respond in reference to my earlier comments in my opening remarks, which is that the manufacturing we have in Canada, whether it's parts or vehicle manufacturing.... Vehicle manufacturing is principally oriented around the United States, so we need to ensure that we don't

International Trade committee  I think Canada needs to seek out areas where it has a competitive advantage. As we've talked about already, and as the committee heard today, some of those competitive advantages are in the areas of clean electricity. We have an abundance of critical minerals. Our real challeng

International Trade committee  I think the Inflation Reduction Act has proven to be a good example. I mentioned the tax credit situation a moment ago. We were able, through negotiation and discussion with the Americans, to ensure that Canadian-built EVs would be included as part of the tax credit. I think wh

International Trade committee  Yes, I did. Very quickly, with respect to the automotive industry, I think it's very important that we keep something in mind in terms of trade barriers. I think we are all aware of what happened with the Inflation Reduction Act. At least at first blush, we worked through it,

International Trade committee  Thank you very much for the question. It's a good one. I think what Canada needs to be doing is ensuring that they're continuing to dialogue with the Americans in terms of the subsidies that the U.S. has implemented under the IRA. It was pivotal. As an association, it was our r

International Trade committee  I can echo George's comments about the provisions in the budget as far as investment tax credits are concerned. To your specific questions about the importance of green electricity, I think it's important to the whole green supply chain, including green steel that will be produc

International Trade committee  Madam Chair and committee members, thank you very much for the opportunity to appear today on behalf of the 15 members of the Global Automakers of Canada to discuss the important topic of non-tariff barriers to trade under Canada’s international trade agreements. A fundamental

International Trade committee  I guess I would say that we need to be strategic, as other commentators have said, about where we leverage our investments, and certainly perhaps increasing the SIF funding and those types of measures would allow us to be strategic in how we try to secure investment for Canada.

International Trade committee  I said 85% of production is currently exported. We would expect that would be the case when vehicles are electrified as well. The majority of the production would go to the United States.

International Trade committee  Actually, I don't think so. I think, at least in the short term, it will likely be exactly the opposite because, as other speakers have noted, it will take a lot of time for the capacity to be built up in the United States to meet the provisions under which a consumer can access

International Trade committee  I would say there is a shortage of all vehicles currently, whether they are EV or ICE vehicles. With respect to EVs, the reality is that it's not one country versus another. The reality is that the world is transitioning and building up both battery facilities and vehicle product

International Trade committee  Thanks very much for the question. With respect to the Road to 2035, we and the other automotive associations are putting that out to assist not only Canadian consumers, but also Canadian legislators, in terms of what needs to be done to facilitate this change. That has a lot to

International Trade committee  All of our members are in Canada. However, we have two manufacturers: Honda and Toyota. The remainder of our 15 members are the traditional European manufacturers, German manufacturers, Korean manufacturers and Japanese manufacturers. We also have VinFast, which is a Vietnamese e

International Trade committee  Yes, we have to share those recommendations with you when we do present them to the finance committee. You raise a critical point that really what's happening in the U.S.—and I think others on the panel would agree with me—is that—you're absolutely right—there is an industrial s

International Trade committee  I can't point to anything in particular in the fall economic statement—although I haven't taken that close a look at it for the charging infrastructure—but I don't believe there was anything in that regard. However, I will go back to the government's commitment in the budget to