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Éric Desrosiers from Le Devoir shares his analysis of the consequences of the Inflation Reduction Act on the Canadian and European markets, particularly with regard to electric cars.
This geoeconomic context is an opportunity not to be missed for Canada, which can establish itself as an ideal trading partner, according to François-Philippe Champagne. Of course, “governments have to be part of the equation. But you never win with subsidies, ”noted the federal minister in a press scrum. What should really set Canada apart is the quality of its workforce, its industrial ecosystem, its reserves of critical minerals, its renewable energy and its many free trade agreements, not to mention its stability and its predictability, he noted.
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