Dear John,

According to the federal mandate, all new passenger vehicles and light trucks sold in Canada must be zero-emission by 2035.

That's only 11 years away. What needs to be done in order to facilitate that timeline?

A new study released by the Fraser Institute today finds that in order to meet international government mandates, a total of 388 new mines must be built to produce the metals required for Electric Vehicle (EV) production.

For context: as of 2021, only 70 metal mines are operated in Canada, and 270 in the U.S.

It takes significant time to get mining projects up and running. For example, lithium production takes between 6 and 9 years, and nickel production takes between 13 and 18 years.

Considering all this, the federal EV mandate timeline seems... unrealistic.

Check out the full study here [[link removed]], and be sure to spread this one far and wide.

Sincerely,

Niels Veldhuis

President

The Fraser Institute

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