Lorne Gunter: Taxpayers foot the bill for politicians' EV delusions
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Among gambling addicts, it's called 'chasing your losses,' making ever larger and riskier bets to try to win back the money lost for initial bets.
Canadian politicians are now chasing their losses on electric vehicles (EVs).
In the last five years, the federal, Ontario and Quebec governments have made enormous gambles on the future of the EV industry. According to the Parliamentary Budget Office, the total these three governments have bet on EVs replacing internal combustions engines is in excess of $52 billion.
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