Looks like Biden is winding up for another punch in the face to Canada with his budget and buy America provisions, this time he's taking solid aim at Canada's auto industry.
https://torontosun.com/opinion/colum...ector-in-peril
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The legislation would increase the incentive for buying an electric vehicle to $12,500 but only if the vehicle, and the battery that is in the vehicle, are both made in the United States.
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That could rule out battery plants being considered for Ontario.
Flavio Volpe, president of the Automotive Parts Manufacturers’ Association, said Monday that the impact of this budget proposal shouldn’t be underestimated.
“The protentional harm from this action could exceed any Donald Trump threw at us,” Volpe said.
Toyota announced plans for a U.S.-based battery plant on Monday. Ford has previously announced electric plants in Tennessee and Kentucky but so far, despite aggressive sales efforts, nothing for Ontario yet.
Stellantis, formerly Fiat-Chrysler, announced on Monday that they have formed a partnership with LG Energy to build electric vehicle batteries in North America. Company CEO Carlos Tavares has said that the company is considering two plants, one of which could be in Canada.
This budget proposal could alter those plans.
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Remember that Trudeau asked for Biden to bring in some exemptions for Canada to protect us from buy America provisions after Joe was elected, and we were treated like a door to door vacuum salesman.
Biden is a miserable president as far as Canada is concerned. But then again Australia has replaced us as America's favorite strategic partner.