Instead of offering more unconditional bailouts to the big three North American automakers, the Canadian government should shift from supply to demand and change its procurement policy to promote green electric vehicles. When it comes time to replacing fleet vehicles, vans, trucks and buses or trains they should purchase electric vehicles from local manufacturers including Bombardier, GM, Ford or Chrysler or Toyota or Honda if they are made in Canada. This procurement policy could be extended to the army, crown corporations, provincial governments, municipalities and utilities. That would provide a financial incentive to the auto industry to retool and take them through dificult recessionary / depressionary times as well as indirectly supporting the auto-parts manufacturers. Increased production runs should bring down the costs eventually to normal consumers.
Walter Derzko, Smart Economy, Toronto
Author of the soon-to-be-released book: Hard Times Golden Opportunities.. about opportunity recognition in a recession/ depression featuring 45 opportunity scenarios.
Walter Derzko -"Changing the world, one idea at a time"©
Expert, Consultant and Keynote Speaker on Emerging Smart Technologies, Innovation, Strategic Foresight, Business Development, Lateral Creative Thinking and author of an upcoming book on the Smart Economy "
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