Federal government will also slap a 25-per-cent levy on aluminum, steel in bid to counter Beijing’s ‘unfair’ trade
Employees work on an assembly line at a BYD factory in Huai'an, China on Aug. 26. Ottawa justifies new tariffs on Chinese-made electric vehicles as Beijing’s policies have compromised critical industries and displaced Canadian auto and metal workers.
Restricting supply from China won’t come at the expense of the government’s mandate that all new vehicles sold by 2035 must be zero-emission, said Finance Minister Chrystia Freeland, who said that target is “absolutely still achievable.” “The tariff measures on Chinese EVs are pre-emptive as there are no Chinese manufacturers currently selling in Canada,” Mr. Kingston said.
Kent Fellows, a professor of economics at the University of Calgary’s school of public policy, said he’s not convinced by the federal government’s reasoning for the tariffs. While the move may have important political implications, he said a change in Canada’s relatively small EV market won’t make a difference to labour practices in China and the economic implications of this decision are of far greater concern.
By choosing to sidestep this process, Prof. Antweiler said, Canada has opened itself up to a reaction from China that could lead to serious retaliation. “This is basically such a blunt instrument that the reaction from Beijing will be to impose some kind of countermeasures on industries from Canada,” he said.
Canada China Government Effect Market Canada Company University Of Calgary Jake Sullivan University Of British Columbia
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