Canada ‘threw a hissy fit’ over U.S. EV credits before gaining exception: envoy
, the U.S. envoy to Ottawa said Wednesday as he insisted that his country is not out to undermine its largest trading partner.
“I went to my friends in Canada and said, ‘I’m struggling to understand how the inapplicability of a tax credit, to a segment of your industry that currently produces no vehicles that are eligible for it, is an existential threat to the entire Canadian economy.”The “less jazzy” explanation he got, Cohen said, was that the private sector would never opt to invest in an emerging industry in Canada when the U.S. was putting up such enticing incentives just south of the border.
Flavio Volpe, president of the Toronto-based Auto Parts Manufacturers’ Association and a central player in Canada’s lobbying effort on the EV tax credits, said the results should speak for themselves.
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