Unifor Says Biden's EV Tax Credits Act As A 'Disincentive' To Invest In Canadian Production | Carscoops carscoops
“A subsidy of $12,500 to purchase only U.S.-built electric vehicles, which amounts to a subsidy of 22 per cent for an average electric vehicle not only cuts Canada out of the market but it creates a strong disincentive to invest in Canadian electric-vehicle production,” assistant to Unifor National president Jerry Dias, Shane Wark, told the committee. “What drives production and investment into Canadian assembly plants is our ability to sell into the U.S. market. U.S.
While Wark applauded the U.S. for incentivizing the purchase of EVs, he said “the trouble starts when Canada… is treated as an afterthought.” Wark said he would like to see Canada included in the rebate,Unifor is hoping for a resolution to the issue by the time it conducts contract negotiations with Ford, General Motors, and Stellantis in 2023, the same year that the United Auto Workers union in the U.S. also holds contract negotiations with Detroit’s Big Three.
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