OTTAWA — Finance Minister Chrystia Freeland is expected to announce this morning a plan for potential tariffs to protect Canada's electric vehicle supply chain from unfair Chinese competition.
OTTAWA — Finance Minister Chrystia Freeland is expected to announce this morning a plan for potential tariffs to protect Canada's electric vehicle supply chain from unfair Chinese competition.
Currently, the only Chinese-made EVs imported into Canada are Teslas made at the U.S. tech giant's Shanghai factory. Accusations that China has spurred its own EV industry through unfair subsidies led to both Europe and the U.S. retaliating this spring. The European Commission is still completing its anti-subsidy investigation but announced two weeks ago that it will impose provisional tariffs of between 17 per cent and 38 per cent on Chinese-made EVs as of July 4.
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