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    5 Kommentare

    1. GordieCodsworth on

      If we want to expand trade with China, we’ll need to address the EV issue. I think an arrangement could be made with BYD, perhaps by retrofitting the components that raise national security concerns.

    2. How about we adopt Euro standards for vehicles? We’d possibly get all the cars developed for that and would have a way larger export market than just the US.

    3. BertramPotts on

      It’s just as stupid as trying to order the ocean back. China built a cheaper version of the car, cheaper out of the tin and it never needs gas, for most of the world that concept will sell itself and that is without even taking into account the climate dividend. They are going to gobble up every part of the auto market that is not Canada and the US which is still just 17-18% of the total pie. Committing ourselves to this protection scheme is a massive tax on every consumer who’ll need to buy a new car in the next few years.

      If we ever want to compete on the global auto market again we need to adopt, not spurn, the technology which is transforming the sector globally.

    4. The other thing that sucks about this is that these tariffs are preventing Canadians from getting in while there’s still good deals available for consumers. With the asset bubbles, unsustainable business models and high debt levels, a lot of Chinese subsidized sectors are going to see mass bankruptcies and closures. For EV’s for instance, there’s currently around 100 firms in China compared to 500 in 2018; which is projected to shrink down even further to 50 firms by 2030 etc.

      Over the next decade, we’re likely going to see a significant decline in things like Chinese steel and EV exports due to the unsustainability of their industrial practices and by that point, the opportunity for Canadian consumers to benefit off cheap/available EV’s will have potentially passed them buy.

    5. logic_overload3 on

      Canada is currently subsidizing and protecting non-Chinese cars by artificially increasing the price of Chine EV through 100% tariff. This protectionism is not to the benefit of the Canadian public and not sustainable.

      We have to find a long-term solution, whether through getting Chinese EVs to be locally produced, or applying a reasonable tariff (like EU) so the Chinese EVs are available but not decimate local auto industry. This would incentivize incumbent manufacturers do the investment needed to launch affordable EVs. If the 100% tariff are kept, the auto industry is just going to chase the next quarter’s profit, restrict supply to keep prices high, and only offer premium EVs with yesteryear’s technology, while lobbying the government to keep the competition out. The only losers are the Canadians. We cannot protect companies that aren’t really trying.

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