Feds could block China from building EV factories in Canada under proposed curbs.

The Finance Department of Canada has released a consultation paper addressing the rapid development of electric vehicles (EVs) by Chinese companies. The paper suggests implementing a tariff on EVs imported from China and expresses concerns that Chinese companies may establish manufacturing facilities in Canada to avoid these tariffs. Ottawa is seeking input on potential restrictions on transactions and investments from Chinese sources in the Canadian EV supply chain. The paper highlights China's use of non-market policies, such as subsidization and lax labor and environmental standards, to support its EV industry. This development has raised concerns globally about the impact of cheap Chinese supply on domestic markets. [Extracted from the article]