"At Bretton Woods, John Maynard Keynes proposed a system where both surplus and deficit countries would share responsibility for balancing trade, rather than placing the entire burden on deficit countries.
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He advocated for a global central bank, the Clearing Union, which would issue a new international currency, the "bancor," to settle imbalances.
Countries with surpluses would be encouraged to spend more or invest in deficit countries, while deficit countries would be encouraged to reduce their deficits through currency devaluation and trade restrictions."
BYD should be encouraged to manufacture their well engineered EVs in Canada. It would be a move approved by Keynes for China to mediate its trade surplus and restore balance to the global trade system.
Car manufacturing in Canada has been in decline for the last decade and Trump intends to make it permanent. Canada's automotive parts industry has soared in the last decade, though, and is embedded in North American supply chains. 
BYD's base model EV sells in China for the U.S. equivalent of about $9,000. Of course government subsidies account for much of this low pricing, and BYD recently said these prices cannot be sustained.
But with an attractive incentive to use Canadian aluminum, a key part of modern EV manufacture, the possibility of selling EVs to the North American market for $20,000 seems a reasonable expectation.
When the total cost of ownership for an EV falls below that of an ICE vehicle, then the substitution effect will kick in. People will start installing solar panels and home storage batteries to "fuel" them and networked charging stations will become ubiquitous.
Alberta will insist on selling its oil into the world market and won't pay the cost of a commensurate plan to reduce carbon emissions. So be it, but the market for oil will largely disappear when transportation goes electric.
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