Canadians will not find out details about the multi-billion-dollar subsidy promised to Volkswagen Canada for a battery plant in Ontario until after the money goes to the European automaker. The Senate national finance committee was told April 25 that the Department of Industry would not discuss the $13 billion subsidy for the St. Thomas, Ontario,…
Details of $13 Billion Volkswagen Subsidy ‘Not Public’: Industry Canada Director
Recent Immigrants More Likely to Have Confidence in Canadian Media: Statistics Canada
Recent immigrants are more likely to trust the media than people who were born in Canada or had spent more time here, federal data shows. A report released by Statistics Canada on March 31 indicated that recent immigrants have a “substantially higher level of confidence” in the country’s media. “For example, among South Asian people,…
China’s New Energy Vehicle ‘Star’ Company Goes Bankrupt Despite Hefty Subsidies
August 27, 2022
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Yangtze River Automobile Group, a Chinese electric vehicle (EV) manufacturer, recently declared bankruptcy. The company was once called Asia’s largest new energy vehicle manufacturer, and had acquired land in several big cities to build its manufacturing bases. However, it went bankrupt at a time when the EV industry is thriving. Insiders told Chinese media that…
Road to Electric Vehicles: Carrot for the Wealthy, Stick for the Rest
Commentary Despite years of coercive effort on the part of the government and billions spent trying to get Canadians to buy electric vehicles, only a mere 5 percent of drivers have chosen to go electric. Research conducted by the Department of Natural Resources concluded that most Canadians simply found electric vehicles to be too expensive…
Why Is Elon Musk so Sweet on China?
Commentary Elon Musk, a man I have discussed elsewhere, is a likable soul. Although he’s now worth more than Bill Gates and Warren Buffet combined, he seems like the kind of guy you could grab a beer with. He’s an everyman, just like you and me, but ten million times richer. An outspoken critic of…
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