Juno News - August 18, 2025


Starting in four months, Canada's EV mandate will skew the market


Episode Stats

Length

2 minutes

Words per Minute

193.7943

Word Count

483

Sentence Count

18


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 I've noticed something in the regulations and in the language that the government is posting online
00:00:05.340 in regards to this EV mandate. And I've noticed that they've sprinkled in the word availability
00:00:11.500 a lot now. That was not the case when they were first talking about this. They were talking about
00:00:17.940 sales quotas. So starting in four months time, 2026, you're right, 20% had to be EV. Now my
00:00:26.880 understanding all this time was that was a quota, meaning if you don't have 20% of sales and you're
00:00:32.260 a car dealership, you're going to start incurring the penalties that you were just mentioning.
00:00:36.600 Now I'm noticing some squishy language that is in through there saying, oh, it has to have 20%
00:00:42.040 availability for sale. Are you noticing any softening language coming from the government
00:00:46.740 on this? Well, yeah, maybe they are trying to soft pedal it because they've taken a hard line
00:00:50.620 up to now, but it's, you know, thankfully, Pierre Polyev will be elected tonight. I don't care by
00:00:55.520 what percentage i'm not sure if he needs 130 to make some of the lefty media happy but the reality
00:01:00.940 is that uh he's uh he's going to be able to hold the government's feet to the fire this is like
00:01:05.860 the carbon tax one which you and i chris fought against which the liberals finally had to throw
00:01:10.780 in the towel in order to get re-elected this is going to be the next one if they don't do this
00:01:15.240 the ctf the canes for affordable energy are going to be on them like a hungry dog on a brand new
00:01:20.540 fresh steak bomb. I think it's in Gone to the Wind where they say it's a duck on a dune bug.
00:01:26.220 Yeah, I love that term. So lastly, I just wanted to stress this for anybody who's thinking, oh,
00:01:32.020 that's a 2035 problem. I don't need to focus on that right now. No, the mandate starts kicking
00:01:37.980 in. The screws start tightening on these auto sellers in 2026, which is in four months time.
00:01:46.040 Can you just briefly explain to people, like to me, as if I'm six personally, how this affects the market or the ability for someone to be able to make a sale?
00:01:56.160 Because it'll start skewing the supply, right?
00:01:59.900 It will, big time.
00:02:00.940 And it means that, you know, the competition for internal combustion engines will increase by 20%.
00:02:06.980 In other words, you know, if car dealers are being forced to sell one in five have to be EVs and no one buys them, which is likely the case or very few, then you're going to wind up in a situation where in order to go in and to buy, be one of the 80% this year, 70% the year after, who wants an internal combustion engine, you're going to have to pay a premium for it.