Why Ottawa’s ‘Economic Plan’ to Excel in EV Industry May ‘Flop’: Economist

Why Ottawa’s ‘Economic Plan’ to Excel in EV Industry May ‘Flop’: Economist
Deputy Prime Minister and Minister of Finance Chrystia Freeland responds to a question during a news conference in Ottawa on Oct. 24, 2023. The Canadian Press/Adrian Wyld
Tara MacIsaac
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Economist Jack Mintz says it will be hard for Canada to become a leader in critical minerals and to make EV battery production profitable, despite Ottawa’s hopes.

“Our economic plan is turning Canada into a critical minerals superpower. From EV battery plants to net-zero mining, we are responsibly unlocking Canada’s natural resources to create more good jobs and prosperity today and for the next generation,” Finance Minister Chrystia Freeland said in a March 5 post on X.