Canada criticizes proposed U.S. EV tax credit score, says could harm auto sector

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WASHINGTON/OTTAWA, Oct 22 (Reuters) – The Canadian authorities on Friday warned that U.S. legislative proposals to create new electrical automobile tax credit for American-built automobiles could harm the North American auto business and run afoul of commerce agreements, in keeping with a letter seen by Reuters.

Canadian Trade Minister Mary Ng advised U.S. lawmakers proposed credit if authorized “would have a major adverse impact on the future of EV and automotive production in Canada, resulting in the risk of severe economic harm and tens of thousands of job losses in one of Canada’s largest manufacturing sectors. U.S. companies and workers would not be isolated from these impacts.”

Reporting by David Shepardson in Washington and David Ljunggren in Ottawa; Editing by Chris Reese

A Kia Soul EV is plugged into a charging station during the second press day of the North American International Auto Show in Detroit, Michigan, January 13, 2015. REUTERS/Mark Blinch

Canada's Minister of Small Business, Export Promotion and International Trade Mary Ng speaks during Question Period in the House of Commons on Parliament Hill, as efforts continue to help slow the spread of the coronavirus disease (COVID-19), in Ottawa, Ontario, Canada April 20, 2020. REUTERS/Blair Gable

A Kia Soul EV is plugged into a charging station during the second press day of the North American International Auto Show in Detroit, Michigan, January 13, 2015. REUTERS/Mark Blinch

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