
OTTAWA—Canada’s EV-building strategy will cost Ottawa and provinces about $6 billion more than announced, the federal parliamentary budget watchdog says.
A new report released by Parliamentary Budget Officer Yves Giroux says a total of $46.1 billion in government spending across the nascent EV supply chain has been announced. But the PBO estimates the total government support for capital and operating expenses to be up to $52.5 billion, which is $6.3 billion or 14 per cent higher than announced.






Electric vehicles have swiftly gone from a bright spot in the global climate fight to cause for concern, leading BloombergNEF to slash sales estimates and warn that the auto industry is falling further off the track toward decarbonization.




