China is dumping and drop shipping these cars. If Carney allows this, he’s basically going to shut down the auto sector in Canada and 440,000 jobs. Australia did this, and now they have all the shitty Chinese cars they want.
The question is for the long term: is the auto sector worth the billions of continual subsidies? Australia did the math and concluded not.
BYD is $30B in debt.
China is dumping and drop shipping these cars. If Carney allows this, he’s basically going to shut down the auto sector in Canada and 440,000 jobs. Australia did this, and now they have all the shitty Chinese cars they want.
The question is for the long term: is the auto sector worth the billions of continual subsidies? Australia did the math and concluded not.
That’s a fair point, the trade off being it pushes people away from cheaper vehicles.