Prime Minister Mark Carney announced a new “landmark trade arrangement” with China that slashes Canada’s 100% tariff on Chinese-made electric vehicles, down to a preferential tariff rate of 6.1% for up to 49,000 units annually, increasing by roughly 6% per year for the next five years. In exchange, China has agreed to lower its retaliatory tariffs on Canadian canola seed.

This is a bad deal for Canadians, and it comes at an enormous cost for our already-struggling automotive sector.

Dan McTeague says this desperate sell-out is all about saving the Liberal Party’s failing EV mandate and about Mark Carney’s sad attempt to play deal-maker on the world stage.