Why Canada’s EV Trade Pivot Matters to YOU


If you’re scratching your head about why “Canada just made an EV deal with China,” you’re not alone. Last week, Prime Minister Mark Carney announced a landmark trade agreement with China that reduces tariffs on Chinese electric vehicles from a near-ban to a quota system with a much lower duty — allowing roughly 49,000 Chinese EVs annually at a 6.1 % tariff instead of the previous 100 % barrier. In return, China is cutting devastating tariffs on Canadian farm exports like canola and other...