Tax Credits on both sides now? 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) produced in North America that does not discriminate against those manufactured in Canada.
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.
https://www.reuters.com/business/autos-transportation/canada-welcomes-us-bill-expand-north-american-ev-tax-credits-2022-07-28/