Will repeal the Liquefied Natural Gas Income Tax Act, which Horgan government says created barriers for investment.
Preserving the $7,500 tax incentive for buyers is crucial for GM as the company pivots from internal combustion engines in favour of building cars powered by batteries or hydrogen fuel cells.
Program will be open to information, health and green technology companies.
Premier Clark also extends 20% mining exploration credit to 30% in regions affected by the destructive mountain pine beetle.
Relied instead on Canadian Federation of Independent Business.
Province wants to double exports by 2020.
Credit aimed at attracting and retaining large manufacturers and processors.
Canadian manufacturers see the economy picking up over the next three years and they are preparing for business expansion with plans to hire, and invest in process improvements, facilities, technology, training and innovation, according to a survey of senior plant executives.