Rebate Restrictions: Canada to eliminate federal rebates on Chinese-made electric vehicles
Ottawa, Ontario — The Canadian government has announced that alongside imposing a 100 percent tariff on Chinese made electric vehicles, it will also be eliminating the $5,000 federal rebate typically available for electric vehicles. In an announcement made earlier this month, Canadian Prime Minister Justin Trudeau stated that beginning October 1, 2024, the government will […]
Tuesday Ticker: Tesla reportedly seeking lower tariffs for Chinese-built units; CAMI Assembly Plant workers authorized to strike
Toronto, Ontario — In this weekly Tuesday Ticker, Unifor authorizes workers at Ontario’s CAMI Assembly Plant to strike, should an agreement not be met in talks later this month. Meanwhile, Tesla reportedly seeks lower tariffs for its Chinese-built models following the government’s recent announcement. Strike watch Unifor members working at the General Motors CAMI Assembly […]
Tuesday Ticker: Federal government weighs options on Chinese EV tariffs; PPG reports Q2 financials
Toronto, Ontario — In this weekly economics report, the Canadian government continues tariff talks, with insight from a supply chain expert. Plus, PPG reveals its Q2 2024 financials. Canadian considerations The federal government is currently engaged in conversations on whether to impose tariffs on the import of Chinese-made electric vehicles. The Globe and Mail reported […]
