Canada’s auto sector is breathing easier after a U.S. deal to scrap “buy American” provisions in an electric vehicle tax-credit plan and widen them to all vehicles made in North America.
from President Joe Biden’s administration for more than a year, warning it threatened the existence of domestic auto manufacturers and suppliers in Canada, put tens of thousands of jobs at risk and would hurt U.S.-based parts makers as well.
The dramatic change came Wednesday night when Senate majority leader Chuck Schumer of New York and Sen. Joe Manchin of West Virginia — both Democrats — Nevertheless, it is “good news for Canadian workers, jobs and our manufacturing industry,” federal Trade Minister Mary Ng said in a statement. “Thank you to everyone who joined in the push,” he wrote. “Let’s keep building a North American partnership that works for everyone.”
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