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

Published on March 6, 2024

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. “We can’t even get a road built for the Ring of Fire,” said Mr. Mintz, president’s fellow of the School of Public Policy at the University of Calgary. The Ring of Fire is a mineral-rich area in northern Ontario, and delays in accessing it illustrate Canada’s failings in getting mining projects going, Mr. Mintz told The Epoch Times in an email....

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