International Trade committee  Yes. The U.S. is taking a new approach to industrial policy, and that's what we see articulated in the IRA. I would argue that we have to go even further than a strategy when it comes to auto and the EV transformation. We need action. We know what needs to be done. We need to d

International Trade committee  We have provided the input. I'd be happy to share it with the committee. It focuses on the SIF program as well as matching the U.S. on EV adoption.

International Trade committee  Our emphasis has obviously been on auto and how to respond to the specific opportunities that may arise for new investments in Canada. We think the best approach to doing that is using the existing programs we have. Use the SIF. Make sure that if a company is considering Canada,

International Trade committee  I don't think we're too late. I say that because, particularly when it comes to critical minerals, the United States has put in place very strict sourcing requirements as they try to decouple the battery supply chain from Asia largely and from China in particular. Canada is the o

International Trade committee  Our members do manufacture medium- and heavy-duty vehicles as well, yes.

International Trade committee  I think the most important part for the larger vehicles is similar to what we're recommending on the light-duty side, as the U.S. and IRA put forward incentives for commercial vehicles. We should just ensure that on the playing field we're on the same level of what the U.S. is do

International Trade committee  I completely align and agree with what Mr. DiCaro said. We've been calling for a $10,000 federal incentive. That would put us on par with the U.S.'s $7,500 tax credit. The introduction of an incentive for used vehicles would be extremely helpful, as would incentives for home char

International Trade committee  We operate in a totally integrated North American market. That is the foundation of this industry. That's why it's so important that we align with the U.S. in every space possible, including on things like purchase incentives, to ensure that we don't create distortions and that w

International Trade committee  I completely agree. We need stronger consumer incentives across the board, including in the province of Ontario, the largest auto market we have in Canada. We do not have an incentive there. That's where our concern with the zero-emission vehicle sales mandate comes in, because t

International Trade committee  I think we're in a good place with our existing automotive footprint and the recent investments that have been announced. Canada is very unique and fortunate to have five OEMs investing in building vehicles in this country. That said, we have both an opportunity and a challenge.

International Trade committee  It's an excellent question. I would say no, and the reason I say no is that programs like the SIF have been highly effective. If you just look at the past two years, Ford, General Motors and Stellantis are leading the charge here in Canada in this transformation to electrificat

International Trade committee  We're quite behind. The federal government intends to mandate electric vehicle sales in this country and has chosen a target that is out of sync with the United States, which is problematic because, as we've heard, we're operating in a highly integrated market. To achieve those l

International Trade committee  It's absolutely critical. We need to see a strong signal in the fall economic statement that the government has a plan to respond to the IRA. Fortunately we have programs that are quite powerful, like the innovation fund through ISED, but it needs to be enhanced and needs to be m

International Trade committee  Good morning, and thank you for the invitation, honourable members and Madam Chair, to be part of this very important study on the Inflation Reduction Act. The Canadian Vehicle Manufacturers' Association is the industry association representing Canada's leading manufacturers of

Environment committee  I'm aware that nickel is being sourced from Canada. In terms of the rest of the minerals on that list, I think most of those are still to come.