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InvestmentsExclusive-Canada would respond to U.S. tax credits for American built EVs

Exclusive-Canada would respond to U.S. tax credits for American built EVs


© Reuters. FILE PHOTO: Canadian Foreign Minister Francois-Philippe Champagne is seen on the Ministry of Foreign Affairs in Beirut, Lebanon August 27, 2020. REUTERS/Mohamed Azakir

By Steve Scherer

OTTAWA (Reuters) – Canada would respond “appropriately” to proposed U.S. electrical car tax credits for American-built automobiles, which it says would hurt staff on either side of the border, Innovation and Industry Minister Francois-Philippe Champagne stated on Thursday.

Champagne met with U.S. Commerce Secretary Gina Raimondo, White House Science Advisor Eric Lander and Michigan Senator Gary Peters in Washington this week.

“They understand that legislation like that would generate a response on the Canadian side,” Champagne advised Reuters in a phone interview from Washington. “We have always responded appropriately to these types of legislation.”

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