The Globe and Mail reports in its Friday edition that fewer than 16,000 Chinese-made electric vehicles have entered Canada since January under a trade deal struck between Prime Minister Mark Carney and Chinese President Xi Jinping as part of what Ottawa described as a "new strategic partnership" aimed at easing tensions and strengthening economic ties. The Globe's Steven Chase writes that is less than one-third of the 49,000 Chinese-made EVs that Canada said would be allowed into this country in 2026 under the deal, which vastly reduced tariff rates. Beijing in turn agreed to scale back retaliatory tariffs on Canadian seafood, canola seed and other farm products. Canada, which previously had teamed up with the United States to place a 100-per-cent tariff on Chinese-made EVs, broke with Washington in striking the deal. The success of the EV quota will likely be a subject of discussion between Mr. Carney and Mr. Xi when they meet in 10 weeks at the Asia-Pacific Economic Co-operation summit in Shenzhen, China. The full quota of 49,000 amounts to less than 3 per cent of new vehicles sold in Canada on an annual basis. Tesla, which is based in the U.S. but builds EVs in China, is presumably a major beneficiary of the quota.
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