Ottawa and Queen’s Park bet your farm on electric vehicles and the hand they’re playing looks worse every day.
Prime Minister Justin Trudeau and Premier Doug Ford teamed up to hand $57 billion in electric vehicle manufacturing subsidies to wealthy auto giants like Volkswagen, Stellantis, Honda and General Motors in recent years.
Betting on electric vehicles was always risky. With President-Elect Donald Trump about to retake the White House, the gamble now looks like a fool’s errand.
At every announcement, Trudeau and Ford patted each other on the back for funnelling billions of your cash to multinational corporations. According to the Laurel and Hardy of corporate welfare, handouts totalling $57 billion were good news for taxpayers.
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