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Canada’s tariff wall on Chinese electric vehicles is deepening dependence on the U.S.
(theconversation.com)
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We have zero IP on battery technology. All the factories Trudeau was funding were for outdated tech.
This country spends the lowest of the G8 on R&D and we have nothing to develop as a result of that.
So we invested $46B on corporate welfare on EV factories but you are LUCKY if NSERC will give you enough money for battery research to fund a single student.
This is a chronic problem of Canada and the reason why we constantly lose any edge in tech industry.
When Ford invoked "constitutional crisis" notwithstanding clause for cancelling comppleted wind projects, we knew the interests buttering his buns. Truedau was not particularly firm against disinformation on carbon tax or climate sustainability.
Certainly, Trump is most to blame for scaring away investment committment follow through, but Ford is bribed to sabotage any future Canadian participation in global progress.
A strategy to invest in any interesting Canadian University patentable ideas has always been an exclusive offer to US oligarchy who is already dependent on fossil fuel protectionism. The exclusivity of potential slave masters also means terrible investment terms if the slaver accepts your begging for submission.