A pause.
That’s Prime Minister Mark Carney’s present plan in dealing with his predecessor’s electric vehicle mandate, which would have otherwise kicked in starting in January of next year.
Under the Trudeau government’s Zero Emissions Vehicle Standard, automakers would have been required to sell 20% of all new cars as electric starting in January, even though, at present, only about 8% of all new cars sold are electric.
And, if automakers failed to meet that threshold, they would have been punished by being forced to buy thousands of dollars’ worth of credits for every vehicle sold that missed the mark.
In announcing his pause, Carney chalked it up to the present trade conflict with the United States.
“We have an auto sector which, because of the massive change in U.S. policy,