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OTTAWA – Deputy Prime Minister Chrystia Freeland claimed Monday that China is threatening Canadian workers by unfairly knocking off cheap electric vehicles, and vowed that the Liberal government will act to protect Canada’s nascent – and heavily subsidized – EV sector.
Speaking at a factory in Vaughan on Monday, Freeland said the government will launch 30 days of consultations on July 2 before deciding how to respond to China’s “deliberate, state-directed policy” of overproducing electric vehicles. He accused Beijing of “taking advantage of the global economic system” by using “very problematic” standards to produce cheap EVs to dump on the world market and undermine Canada’s potential to compete in the growing global clean car industry.
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Finance Minister Chrystia Freeland says Canada is investigating whether to impose a higher tax on electric vehicle imports from China. She says a 30-day consultation on the issue will begin on July 2 to counter what she says is a clear effort by Chinese companies to produce a global oversupply of EVs. (June 24, 2024 / The Canadian Press)
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The post Chrystia Freeland calls China’s electric vehicles a threat to Canada and vows to fight back – Toronto Star appeared first on Canada News Media.
(Except translation, this story has not been edited by achinews staff and is published from a syndicated feed.)
source link https://canadanewsmedia.ca/chrystia-freeland-calls-chinas-electric-vehicles-a-threat-to-canada-and-vows-to-fight-back-toronto-star/
