Author(s):
Shahir Guindi, Ad. E., Alan Hutchison, Hugo-Pierre Gagnon, Michael Fekete
Dec 11, 2023
Ambitious goals to decarbonize the economy, combined with global geopolitical dynamics, have created favourable conditions for Canada to emerge ahead of the pack as a powerhouse in the global supply chain for electric vehicles (EVs) and other energy transition products.
Canada’s leadership position can be attributed to competitive, political, economic and legal advantages, all of which combine to create a foundation for growth in 2024 and beyond. This leadership is diversified throughout the supply chain, beginning with the exploration and development of domestic critical mineral capacity and extending through the supply chain to battery and advanced manufacturing and recycling. We expect Canadian lawmakers to continue to provide incentives and to implement measures aimed at removing legal and economic barriers at key points in this supply chain to maintain the country’s prominent position in the market...
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