OTTAWA — Innovation Minister Francois-Philippe Champagne says the convergence of Canada’s automotive and mining sectors is working to lure extra corporations to Canada to make electrical automobiles and the batteries that energy them.
Over eight weeks final spring, automakers and battery corporations introduced greater than $13 billion in new investments within the electrical automobile manufacturing sphere in Canada, together with batteries and their elements, buses and electrical automobiles.
Those bulletins included retooling or increasing auto manufacturing crops that exist already in Canada.
Champagne is in Japan this week the place he’s assembly with the heads of a number of Japanese automakers that don’t have a Canadian manufacturing presence, together with Mitsubishi, Nissan and Subaru.
Champagne says the gross sales pitch is to level out that in a world the place provide chain points are an enormous headache for producers, Canada has the expert workforce, the uncooked supplies and the steadiness they need.
He says he is telling corporations that “stability, predictability, and the rule of law is in high demand and short supply.”
While he’s additionally assembly with Honda and Toyota, each of that are retooling Canadian crops to allow them to make electrical autos, the conferences with the others are totally different, he says.
“If you talk to people who have an established footprint in Canada it’s different, because they’ve already invested,” he stated.
For the others, he says most have advised him, “it’s really the three things that really drive investments: talent, ecosystem and resources. And when you put that together, Canada becomes kind of the supplier of choice.”
This journey follows one other to Europe within the spring the place Champagne met with all the key German automakers, together with Volkswagen, which is usually duking it out with Toyota to see which would be the largest automobile firm on the earth.
Another journey to Asia, more likely to embrace Korea, is within the works for the autumn.