13:50:18 EDT Fri 10 Apr 2026
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Ford CDR (CAD Hedged)
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Close 2026-04-09 C$ 10.43
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Globe says in B.C. Toyota hybrid same as belching Fords

2026-04-10 07:45 ET - In the News

See In the News (C-TOYM) Toyota CDR (CAD Hedged)

The Globe and Mail reports in its Friday edition that the B.C. government is set to pass amendments that will water down its electric-vehicle sales mandate, after admitting that the province's aggressive targets were not realistic. In an editorial, Globe says zero-emission vehicle (ZEV) sales mandate will now be 75 per cent, down from 100 per cent, for the year 2035 in B.C. In Quebec, the target for 2035 is 90 per cent, but that province has introduced more flexibility than B.C. by offering partial credits for sales of the popular conventional hybrids that Canada produces in large numbers. B.C. continues to freeze out hybrids, treating the Toyota RAV4 hybrid the same under its law as a Ford F-350, even though the tailpipe emissions are far lower for the Toyota. The rest of Canada will be guided by Ottawa's decision in February to eliminate federal EV sales mandates in favour of policies that will encourage Canadians to adopt EVs without saddling the auto retail industry with costly regulations and without limiting consumer choice. The Carney government has abandoned the inflexible regulatory approach, while B.C. is limiting consumers' options on the car lot and likely driving up prices for non-ZEV cars.

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