The Ford government is reaching out to top American politicians in the hopes of thwarting the latest protectionist measure coming from Washington. A proposed tax rebate on electric cars currently before the U.S. Congress could have a devastating impact on the future of Ontario’s auto industry.
The rebate, part of the Build Back Better budget bill, would offer American consumers a rebate of up to $12,500 for purchasing an electric vehicle but only if the car is assembled in the United States with 50% American parts and an American made battery.
If passed, auto industry experts say the rebate could kill future investment in Ontario’s auto plants and hurt existing jobs.
A letter from Economic Development Minister Vic Fedeli was sent to top Democrats Chuck Schumer and Nancy Pelosi as well as their Republican counterparts Mitch McConnell and Kevin McCarthy.
For the rest of this column: https://torontosun.com/news/provincial/ford-government-pushes-back-against-bidens-protectionist-stance-on-auto-manufacturing