Liberals’ war on cars harms low-income Canadians: Jerome Gessaroli in the National Post

Producing enough EVs to meet government targets will increase prices overall because EVs are more expensive than equivalent gasoline-powered vehicles. In a paper published by the Macdonald-Laurier Institute, I estimated the cost of eliminating one tonne of carbon dioxide through the federal EV subsidies to be $355 — and if provincial subsidies are included, up to $960. The EV sales mandates will make vehicles more expensive, which particularly hurts low-income Canadians who must spend a larger proportion of their money on a vehicle purchase. EV purchase subsidies, meanwhile, mostly benefit wealthier households who can afford the higher priced EVs and thus use the credit. Looking at the consequences of high auto prices on Canadians, the government’s regressive policies are excessively impacting those who can least afford it.