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Environment committee  That's right. There's cobalt.

October 4th, 2022Committee meeting

Brian Kingston

Environment committee  My understanding is that it's about eight to 10 years for the regulatory approval process.

October 4th, 2022Committee meeting

Brian Kingston

Environment committee  In the auto industry, we tend to see that when you have a major investment in an actual assembly facility or an engine facility, then research and development comes along with that. A good example is that of the recent Stellantis and LG Energy investment in a battery plant. With

October 4th, 2022Committee meeting

Brian Kingston

Environment committee  The answer is no, given the integration of our industry.

October 4th, 2022Committee meeting

Brian Kingston

Environment committee  It's a huge opportunity. The positive element of the Inflation Reduction Act is that the United States has put very specific guardrails and restrictions around which vehicles will qualify for incentives. A lot of that now hinges on sourcing critical minerals from North America o

October 4th, 2022Committee meeting

Brian Kingston

Environment committee  We've been asking the government to be a leader in this and to procure more electric vehicles if it wants the Canadian public to follow suit, so we'd like to see more.

October 4th, 2022Committee meeting

Brian Kingston

Environment committee  Thank you for all your support of the auto caucus and the industry. Over the past few years, there has been $13.5 billion in new investment in Canada, including a $5-billion investment for a battery plant, as well as converting Windsor Assembly Plant to manufacture an electric v

October 4th, 2022Committee meeting

Brian Kingston

Environment committee  The big question now, on a go-forward basis, is whether, given the scale of the IRA, companies will invest in Canada when they have an incentive so large in the United States.

October 4th, 2022Committee meeting

Brian Kingston

Environment committee  As it stands right now, no, I haven't. The government's current plan is to build 84,500 chargers by 2027. Only 2,500 are operational. At the current rate of build and deployment, it seems highly unlikely to me that we'll get to that 84,000 target by 2027. If you consider a full

October 4th, 2022Committee meeting

Brian Kingston

Environment committee  I wish I could give you a good figure for that, but I don't have one. What I can give you is the estimate that NRCan has put forward to build the public charging network that it thinks we need, which I would argue is a little bit too small. They're estimating that it will cost $2

October 4th, 2022Committee meeting

Brian Kingston

Environment committee  Unfortunately, we don't, and this has been something that we have been asking for. All of the local distribution companies are developing plans to accommodate more electrification, but as far as we're aware, nobody has pulled together a macro estimate for Ontario or for the broad

October 4th, 2022Committee meeting

Brian Kingston

Environment committee  First and foremost is a response to the Inflation Reduction Act. We need to move quickly and understand those competitive gaps. We don't have the fiscal firepower to match the U.S. $30-billion tax credit, but we do have some unique advantages in the supply chain—critical mineral

October 4th, 2022Committee meeting

Brian Kingston

Environment committee  Yes. I think the big lesson, particularly over the last two years in the success that Canada has had in attracting some investment into EV manufacturing, is that a lot of it is because of programs like the strategic innovation fund and the net-zero accelerator that was attached t

October 4th, 2022Committee meeting

Brian Kingston

Environment committee  I'm sorry. Do you mean in terms of charging infrastructure?

October 4th, 2022Committee meeting

Brian Kingston

Environment committee  There's no doubt that the technology is shifting rapidly. In total, right now, global automakers are investing about $550 billion U.S. into this technology through 2030. This is why one of the big asks that we've had of government recently is to engage more with automakers on ch

October 4th, 2022Committee meeting

Brian Kingston