Thank you, Madam Chair.
Minister, thank you for being with us today. Hello to your team as well.
The 2023‑24 Invest in Canada departmental plan states that attraction efforts will be focused on the electric vehicle battery supply chain, among other things.
Friday, I was a little surprised to see the entire government stand up and applaud President Biden when he said he was including all North American production in the tax credits under the U.S. Inflation Reduction Act, because it is not true. In reality, the 45X credit for battery manufacturers only applies to batteries manufactured in the United States.
Were you aware of that? You did not seem to be Friday. Furthermore, how do you intend to counteract the investment appeal of this credit, in concrete terms?