Prime Minister Mark Carney unveiled Canada’s new plan to bolster the automotive sector and reduce greenhouse gas emissions on Thursday, announcing incentives to buy electric vehicles and new regulations for tailpipe emissions.

The changes, coupled with the elimination of EV sales mandates and new investments in a country-wide EV charging network, are the main planks in Canada’s efforts to bolster its auto industry and ease into electrification at a time of trade upheaval.

“Canada’s new government is fundamentally transforming our economy – from one reliant on a single trade partner, to one that is stronger, more independent, and more resilient to global shocks,” said Mr. Carney in a statement.

“We are making strategic decisions and generational investments to build a strong Canadian auto sector, where Canadian workers build the cars of the future.”