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3. In September of 2022, the Canada Infrastructure Bank launched a $500 million program to triple the number of electric vehicle charger stations in Canada.
3. In September of 2022, the Canada Infrastructure Bank launched a $500 million program to triple the number of electric vehicle charger stations in Canada. All question parts are worth 2 marks. (10 Marks)
Determine the effects on:
- Demand and Supply of Canadian-made cars with gas-driven engines.
- Demand and Supply of electric-powered cars in Canada.
- Demand and Supply of Canadian-made electric bicycles.
- Demand and Supply for public transit in Canada.
- The overall output of the Canadian economy.
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