Canada welcomes U.S. bill to expand North American EV tax credits

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Canada welcomes U.S. bill to expand North American EV tax credits
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OTTAWA — Canada on Thursday welcomed a deal reached by U.S. senators to back a bill that includes an expansion of tax credits for electric vehicles (EV)…

A previous version of the bill presented by President Joe Biden’s administration included tax credits that would have favored American-based manufacturers, sparking furious Canadian lobbying in Washington to get it changed.

“This is good news for Canadian workers, jobs and our manufacturing industry,” Canada’s International Trade Minister Mary Ng said in a statement. Canadian Prime Minister Justin Trudeau in November lobbied Biden directly to scrap the tax credits that benefited only American manufacturers.

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