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Canada Pitches More Credit for Electric, Driverless Car Production in NAFTA Talks

Posted February 01, 2018

Under Economic Issues, International Trade Issues

(Anne Riley Moffat – Bloomberg)

Canada wants North American automakers to get extra credit for making cars more environmentally friendly or able to drive themselves as negotiators try to bridge one of NAFTA’s sharpest divides.

At the latest round of North American Free Trade Agreement (NAFTA) talks, Canada put forward some fresh ideas on how to calculate the value of regional content in vehicles, including giving more credit for driverless and electric cars, plus research and development work, Chrystia Freeland, Canada’s minister of foreign affairs, said in an interview Wednesday from Bloomberg’s headquarters in New York.

“The ideas are very intentionally ideas rather than a fully baked proposal; they’re about some directions,” Freeland said. The proposals, if adopted, would promote high-skilled labour and encourage the next generation of carmaking to stay on the continent, she said. Click here to read more.

Related: Canada’s Freeland Says She’s Optimistic on NAFTA Talks (Bloomberg)