The cross border tensions in terms of automaking are a thing of the past for United States and Canada and Prime Minister of Canada, Justin Trudeau is now talking about the bigger bilateral challenge which is coming for Canada and that is the economic competition with United States.
From the perspective of Canada, the first two years of the president Joe Biden had been all about the countering of United States protectionism by the preaching of virtues related to trade between the like-minded partners.
Biden/s plan which was to energize the electric vehicle industry by increasing sales has brought Mexico and Canada into the contention and has led to the coining of a new term which is friend-shoring for placating the anxious allies of America.
But Trudeau’s pitch means that Canada is about to make a few important decisions in the battle for the high paying jobs, sustainable growth, international talent and foreign investment.
In an interview recently he said that competing with United States is going to be a big challenge for them as it has been under all the previous administrations.
He also said that there will always be ways in which he is able to make the situation advantageous for the Canadians as there is a lot of room for growth along with the workforce which is well-educated, reliable and diverse and the one that comes with the built-in health care and that is going to make Canada a great place to invest in
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The PM used the example of Arcelor Mittal Dofasco which is now converting its plants into being less carbon-intensive by using the electric material instead of coal and that is going to reduce the carbon emissions by 60%. He also highlighted the need for the electric vehicle policies and promised 50,000 electric vans by 2025