Agreement would replace proposed made-in-America tax credits with made-in-North America incentives
A deal struck among Democrats in the U.S. Senate appears to have eliminated a threat hanging over the nascent electric vehicle manufacturing industry in Canada.
The amended language does away with the made-in-America criteria and instead says the tax credit would apply to electric vehicles assembled “within North America,” which means not only the United States but Canada and Mexico. “Now we can all breathe a sigh of relief,” Flavio Volpe, president of Canada’s Automotive Parts Manufacturers’ Association, said.
“Since the Prime Minister’s first meeting with President Biden last year, we have been relentless in underscoring that the original proposal would be harmful to both Canada and the US, so we’re glad to see that recognized in the new version of the bill,” Ms. Ng said.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
British High Commission to welcome military specialist on Russia's threat to ArcticBritain is sending a military expert on the threat posed by Russia and China in the Arctic to work in the British High Commission in Ottawa.
Read more »
U.K. sending military expert to Canada amid Russian threat to Arctic - National | Globalnews.caThe U.K. is dispatching Nick Diggle, a former Royal Navy officer and research specialist in Arctic security, to Ottawa in September.
Read more »
U.K. sending military specialist to Canada on Russia’s threat to Arctic | National NewswatchNational Newswatch: Canada's most comprehensive site for political news and views. Make it a daily habit.
Read more »
British High Commission to welcome military specialist on Russia's threat to ArcticBritain is sending a military expert on the threat posed by Russia and China in the Arctic to work in the British High Commission in Ottawa.
Read more »
Atlantic Place in St. John's evacuated following bomb threat | SaltWirePolice and firefighters are on the scene in downtown St. John's following a bomb threat allegedly targeting Atlantic Place.
Read more »