A long-awaited announcement from U.S. President Joe Biden is going to make some Canadians unhappy.
Biden released updated highlights of his key budget plan Thursday and it includes language Ottawa has been urging against: a Buy American-type provision for the auto sector.
It involves a tax credit for U.S.-made cars that the Canadian government describes as potentially damaging, and also illegal under international trade law.
It came in an announcement from the White House of its list of priorities after months of negotiations among Democrats resulted in a smaller version of its original multi-trillion dollar budget package.
One idea that made the cut: a $12,500 USD tax credit for people who buy electric vehicles, with clear conditions: "[The] tax credit will lower the cost of an electric vehicle that is made in America with American materials and union labour," said the White House announcement...
This was excerpted from the 28 October 2021 edition of CBC News.