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

https://mins.news/en/item/84470

- CBC News, 2026-10-03 08:00 UTC
- Economy
- Original: https://www.cbc.ca/news/canada/canada-ev-battery-investments-9.7362430?cmp=rss

> 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.