QSA's Week in Automotive (#3, 2024)
Canada imposes surtax on Chinese EVs; Competition Bureau seeks market feedback; NFI Group expands in Manitoba; Auto theft decreases; Battery production starts in Windsor.
Start Date: 2024-10-19
End Date: 2024-10-25
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Canada Imposes Surtax on Chinese EV Imports
In a recent House of Commons CIIT meeting, Minister Mary Ng announced a 100% surtax on Chinese electric vehicle imports, aimed at protecting Canada's growing EV sector from unfair competition. The decision aligns with efforts to foster a green economy and attract foreign direct investment in the EV industry. The surtax excludes small businesses and is part of a broader strategy to enhance Canada's EV supply chain and create jobs. Discussions also covered the impact of Chinese mineral reliance and U.S. softwood lumber tariffs, alongside commitments to transparency in the aluminum sector and a rules-based trading system.
Sources: ['Transcripts: parlvu.parl.gc.ca']
