Source: The Patriot Light | AWK Network | VIEW ORIGINAL POST ==>
Progressive Conservative Leader Doug Ford said Thursday he will honour Ontario’s commitment to the burgeoning electric vehicle sector if re-elected, while his main political rivals were less definitive.
U.S. President Donald Trump has said his country does not want or need Canadian cars despite signing a free trade deal with Canada and Mexico in his first term. He has threatened 25 percent across-the-board tariffs on Canadian imports unless border security is improved.
Trump has also made it clear that he’s going after Ontario’s automotive industry, hoping to increase vehicle production at home.
Ford’s government agreed to an auto pact with the federal government in 2023 to pay one-third of production incentives in deals with Volkswagen, as well as Stellantis and LG Energy Solution, for their EV battery plants.
The two governments ponied up the money in order to compete with former U.S. president Joe Biden’s Inflation Reduction Act, which included a tax credit for clean vehicle purchases.
Trump has frozen funding under the act and has threatened to end it altogether.
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