EV battery deals to cost $5.8B more due to lost corporate tax on subsidies, budget officer says

Provincial and federal financial support to develop electric vehicle batteries will cost $5.8 billion more than government projections, the Parliamentary Budget Office said Friday morning.

EV battery deals to cost $5.8B more due to lost corporate tax on subsidies, budget officer says
An EV charging sign on a parking space.

Provincial and federal financial support to develop electric vehicle batteries will cost $5.8 billion more than government projections, the Parliamentary Budget Office said Friday morning.