Budget 2024

Tax and spend fiscal plan will inhibit growth

Louise Blais welcomes the deal reached by Democratic U.S. senators to back a bill that includes an expansion of tax credits for electric vehicles produced in North America. However, in comments to Canadian Press, she raises concerns about other impacts the legislation may have on Canada’s ability to attract jobs and investment.

“When you layer on that federal investment — it’s billions of dollars we’re talking about — then I think Canada should be paying a great deal of attention to how that’s going to change our ability to attract investment.” 

Louise Blais, Senior Special Advisor, Business Council of Canada