Canada’s federal government has rolled out a major new plan to reshape the country’s auto industry. The strategy shifts away from the previous electric-vehicle (EV) sales mandate and instead uses updated fuel efficiency standards and incentives to drive the transition to cleaner vehicles. Key points you need to know: The government is dropping the old EV sales targets that once aimed for a fixed percentage of EVs by certain deadlines. Those are being replaced with more flex

Speaking at the World Economic Forum in Davos , Mark Carney outlined his view that the post–Cold War international system is undergoing a significant shift. Carney said the rules based global order that has guided trade, finance, and diplomacy for decades is becoming less effective. Economic tools such as tariffs, supply chains, and financial systems are increasingly being used as instruments of national strategy rather than neutral mechanisms for cooperation. Sean Kilpatric

Canada is preparing to slash its 100% tariff on Chinese-made EVs—a major shift that could open the market to much cheaper electric cars (potentially under ~C$35,000 / US$25,000). Photo by: InsideEVs The InsideEVs article says the move is part of a Canada–China trade deal discussed during PM Mark Carney’s visit to Beijing, where Canada agreed to lower EV tariffs in exchange for China reducing tariffs on key Canadian farm exports (especially canola). To prevent a sudden flood o