Market Outlook: Canada’s auto sector contracts amid EV uncertainty
BNN Bloomberg
Canada’s auto production has fallen sharply over the past decade as EV policy shifts and Japanese automakers expand their footprint.
BNN Bloomberg spoke with Charlotte Yates, president of the Automotive Policy Research Centre and professor of political science, about Canada’s declining assembly footprint, the growing dominance of Toyota and Honda, and why securing electric-vehicle investment remains critical to the sector’s long-term viability.
Read the full transcript below:
ROGER: We are halfway through a decade of major change in Canada’s auto industry, driven by electrification, shifting government priorities and new global players. The federal decision to scrap the EV mandate marks another pivotal shift. To break down what it means for the sector, we’re joined by longtime industry expert Charlotte Yates, president of the Automotive Policy Research Centre and professor of political science. Thanks very much for joining us today.
CHARLOTTE: Nice to meet you.
ROGER: What do we have from the 10 years of data? What does it tell you about the industry here in Canada?
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