Canada bet billions on an EV boom. Was it too much, too soon?

The Canadian government poured billions into electric vehicle and battery projects, hoping for a booming industry. However, recent setbacks show that the anticipated surge in demand hasn't materialized, leading to delays, cancellations, and even bankruptcies in major projects across Ontario, Quebec, and British Columbia. This raises questions about whether the investment was premature and if the government underestimated the challenges in scaling up the EV market. The situation underscores the volatile nature of tech-driven economic investments and their reliance on market conditions.

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