OTTAWA — An internal government document reveals there was awareness among some officials that Ottawa ending its electric vehicle subsidies in January would lead to an “immediate” hit to EV sales and market uncertainty, as it coincided with the United States’ rollback of its own electrification programs.&nbsp;

A federal memo reveals Ottawa knew ending EV rebates would hurt sales and investment as automakers urge government to restore incentives.{ai:summary}An internal government document indicates that Canadian officials recognized the potential negative impact of ending electric vehicle subsidies in January, predicting an "immediate" decline in EV sales and market instability. This decision aligns with the U.S. reducing its electrification initiatives. #economy

Internal government document predicted 'immediate' drop in EV sales without rebate subsidies

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