Janice R. Andrews
Electric cars (EVs) made in China will be subject to a 100% tax by Canada starting October 1. The US put in place a similar tax earlier this year, which led to this move. A lot of different kinds of cars will have to pay the new tax, like electric cars, trucks, buses, delivery vans, and some hybrid types.
The tariff was revealed by Prime Minister Justin Trudeau, who said it would “level the playing field for Canadian workers” and make the Canadian EV business more competitive. Canada will also put a 25% charge on Chinese steel and metal starting October 15, in addition to the EV tax.
People in the business asked the Canadian government to take the same stand as the US on importing electric vehicles from China, which it did. Trudeau made it clear that this measure is part of a larger plan to boost Canada’s auto industry and make the country a world leader in making next-generation cars.
“China has given itself an unfair advantage in the global market, compromising the security of our critical industries and displacing hardworking Canadian auto and metal workers,” Trudeau said at a press event. “We are taking decisive action to address these challenges.”
If a Canadian wants to buy a Chinese electric vehicle (EV), they might want to act quickly before the new tariffs go into effect and make these cars a lot more expensive.
