EconomyCanada bet billions on an EV boom. Was it too much, too soon?

Federal and provincial governments invested billions of dollars in the expectation that Canada’s electric-vehicle industry would expand rapidly. But weaker-than-expected demand has prompted automakers and suppliers to adjust, leaving major EV and battery projects in Ontario, Quebec and British Columbia delayed, cancelled, suspended or significantly altered; one has gone bankrupt.

Canadaelectric vehiclesbattery projectsinvestment

CCBC News★★★☆☆2026-10-03 08:00Original