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Globe says Honda hears EV mandate not really quashed

2026-02-18 09:03 ET - In the News

See In the News (C-HNDA) Honda CDR (CAD Hedged)

The Globe and Mail reports in its Wednesday, Feb. 18, edition that on Feb. 5 the Carney government terminated the electric vehicle sales mandate. The Globe's guest columnist Kenneth Green writes that a closer look suggests this is yet another sleight-of-hand, a false reform smoke show by the PM that will, in fact, retain the government's onerous policy while making it stealthier by, for example, reintroducing tailpipe-emissions regulations. This has become Prime Minister Mark Carney's modus operandi. The is effectively assuring that car dealers will sell EVs and plug-in hybrids rather than gas-powered vehicles. And he is also restoring subsidies for the purchase of EVs, funded by many taxpayers who cannot afford to buy an EV or charge one at home. Either way, explicit or not, Ottawa's EV mandate continues. Again, this has become Mr. Carney's MO. Put on the appearance that you hear and acknowledge objections to various damaging policies, conspicuously "axe" the overt regulations tied to that policy, then hide the mechanisms that effectively continue to implement that policy goal. Mr. Green says the PM's scrapped EV mandate disguises stricter pollution standards that can only be met by EVs.

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