EV subsidies albatross around necks of Canadian taxpayers

With Canada’s auto sector already under assault from U.S. President Donald Trump’s tariffs , the $52.5 billion the federal and provincial governments have earmarked to create a domestic electric vehicle supply chain industry in Canada have become an albatross around taxpayers’ necks.

According to a report by the Parliamentary Budget Officer last year, the federal, Ontario and Quebec governments between 2020 and 2024 earmarked up to $52.5 billion in government support for 13 major EV projects across the country.

Those subsidies — $31.4 billion from the feds, $21.1 billion from the Ontario and Quebec governments — were 14% more than the $46.1 billion the industry was prepared to spend on these projects.

Now with many of the recipients of this public largesse announcing they are cancel