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BASF, Canada in early talks on EV battery production - source

4 Min Read OTTAWA (Reuters) - Several companies, including Germany’s BASF SE, are in preliminary talks about tapping a federal clean tech fund to set up production for electric vehicle batteries in Canada, a government official with knowledge of the discussions said. FILE PHOTO: A logo is seen on the facade of the BASF plant and former Ciba production site in Schweizerhalle near Basel July 7, 2009. REUTERS/Christian Hartmann/File Photo/File Photo The talks are centered on understanding whether the goals of BASF and others fit with the aim of the C$8 billion ($6.6 billion) “Net Zero Accelerator” (NZA) fund, the source said. Canada has set a goal to reach net zero emissions by 2050.

Canada s privacy bill inadequate to fix entrenched issues, critics say

AmericasCanada’s privacy bill inadequate to fix entrenched issues, critics say Moira Warburton 3 minute read Canada s Privacy Commissioner Daniel Therrien takes part in a news conference in Ottawa, Ontario, Canada, April 25, 2019. REUTERS/Chris Wattie Canada’s existing privacy laws leave consumers and businesses exposed to misuses of data, mainly due to outdated rules and lack of enforcement ability for regulators, privacy commissioners and experts say, and a proposed new bill does not necessarily solve these issues. Prime Minister Justin Trudeau s Liberal government introduced Bill C-11 in November 2020, intended to modernize the oversight of data protection, but critics say it falls short of this goal. The bill has several hoops to pass through before it becomes law.

BASF, Canada in early talks on EV battery production - source

EnergyBASF, Canada in early talks on EV battery production - source Christoph SteitzSteve Scherer 5 minute read Several companies, including Germany s BASF SE (BASFn.DE), are in preliminary talks about tapping a federal clean tech fund to set up production for electric vehicle batteries in Canada, a government official with knowledge of the discussions said. The talks are centered on understanding whether the goals of BASF and others fit with the aim of the C$8 billion ($6.6 billion) Net Zero Accelerator (NZA) fund, the source said. Canada has set a goal to reach net zero emissions by 2050. BASF is a key supplier of cathode active materials (CAM) needed for the production of lithium-ion batteries in electric vehicles (EV), and is the world s largest chemicals and plastics producer by sales.

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