Should Canada Pursue an Electric Vehicle Truce With China? | Your Morning

Canada relies on foreign auto executives for its auto industry. It already provides huge taxpayer subsidies per job. There is certainly a possible future where all of those foreign loyal companies side with US to destroy Canadian auto production/investment.

1. China could help save Canadian auto industry by providing motors and batteries for Canadian made EVs. Chinese investment to make goods from Canadian resources in Canada is a path for scale that includes global export potential of autos and other industrial goods to whole globe including China.
2. If it doesn't make economic sense to make our own tube socks, it doesn't make sense to make overly expensive cars, either. There is a stronger national security argument for apparel, that needs yearly replacements, than solar, batteries, and autos that last 20+ years. More so, when they are not dependent on continuous international fuel supply chains/geopolitics.

Pressure on foreign executives to support Canadian production includes access to Canadian market. The stability of status quo will appeal to most people. But the threat/plan B of cooperation with China is both a path to manufacturing and resource FDI paid by China instead of taxpayers, and better quality of life through better value goods.