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What Biden’s Build Back Better Act Could Mean For Canadians

Source: Sarah Turnbull, CTV News, December 13, 2021

Biden’s tax credit would give consumers up to $12,500 if they purchase a U.S. union-made electric vehicle.

Canadians should “prepare for the worst” if U.S. lawmakers decide to greenlight President Joe Biden’s protectionist Build Back Better Act with the inclusion of the contentious electric vehicle tax credit, says International Trade Minister Mary Ng.

In an interview on CTV’s Question Period with Evan Solomon airing Sunday, Ng spoke about a letter she co-signed with Deputy Prime Minister Chrystia Freeland, which threatens retaliatory tariffs on the U.S. if the tax credit isn’t amended.

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