Overhead view of electric vehicles parked at a port awaiting to be loaded on to a card ship docked near by. (CNW Group/Unifor)
China intends to launch an anti-dumping investigation into Canadian-imported canola oil, CBC said in an update on Oct. 3. The move comes after the federal government in Canada announced last week that it plans to implement an additional 100 per cent surtax on all Chinese-made electric vehicles starting October 1.
The surtax, which includes electric and certain hybrid passenger automobiles, trucks, buses, and delivery vans from China, was announced with the addition of a 25 per cent tariff on Chinese-made steel and aluminum products — news that was welcomed by Unifor.
“A flood of low-cost EV imports from China would undermine everything being done to rebuild and grow a strong and truly national automotive sector, one that competes on the world stage,” said Unifor National President Lana Payne in a statement. “Measures to address unfair trade advantages, obtained through improper and illicit practices, are overdue.”
Payne said the union welcomes the Canadian tariff, which aligns with the approach taken by the United States. The European Union also said it plans to impose duties of up to 36.3 per cent on EVs made in China, based on a BBC report.
As for the canola oil anti-dumping investigation investigation, RealAgriculture said in a news update that the meaning of the announcement was not immediately clear. However, they did note that China had previously banned imports from Canada’s two largest exporters, Richardson and Viterra, between March 2019-2022.
