The Canada-China trade deal announced early Friday puts the future of Canada’s entire automotive industry at risk and concedes ground to “hostile” players in the market, say Canadian automotive industry leaders.
“This is a self-inflicted wound to an already injured Canadian auto industry,” said Unifor national president Lana Payne in a press release reacting to news of the deal, which allows 49,000 Chinese EVs a year into Canada, at the “most-favoured nation” tariff rate of 6.1 per cent.
