05:05:56 EST Sun 08 Feb 2026
Enter Symbol
or Name
USA
CA



Globe says Tesla, others facing "unrealistic" mandates

2025-09-03 08:34 ET - In the News

See In the News (C-TSLA) Tesla CDR (CAD Hedged)

The Globe and Mail reports in its Wednesday edition that Canada's auto industry faces two existential threats: U.S. protectionism and electric-vehicle mandates here at home. Guest columnist Brian Kingston argues that how these threats are managed will determine the future of the industry in Canada. On April 3, the United States placed a 25-per-cent tariff on automobile imports. With 90 per cent of Canada's automotive production destined for the United States, tariffs of any level are highly damaging to the industry and consumers on both sides of the border. The Canadian auto industry is responsible for more than 130,000 direct manufacturing jobs. Unlike securing a trade agreement with the U.S., EV mandates are at the discretion of federal and provincial governments. These mandates are so detached from market realities they could destroy the industry before a trade deal is struck with our American partners. The federal government's mandate requires 20-per-cent EV sales in the 2026 model year, which is now. Mandates in Quebec and British Columbia require 32.5 per cent and 26.3 per cent EV sales in model year 2026, respectively. EV sales were just 7.9 per cent of vehicles sold in June. The mandates are unrealistic.

© 2026 Canjex Publishing Ltd. All rights reserved.