Ottawa announced 100 per cent surtax on EVs and 25 per cent on steel and aluminum products citing China’s intentional, state-directed policy of over-capacity
The ministry said in a statement that relief would be granted under specific and exceptional circumstances. The measure is designed to help firms adjust their supply chains to cope with the new tariffs, it said in a statement.
“To ensure that Canadian industry has sufficient time to adjust supply chains, remission will provide relief … under specific and exceptional circumstances,” the ministry said. Where there are contractual requirements, existing prior to Aug. 26, 2024, requiring businesses to purchase Chinese inputs into their products or projects for a specified period of time.
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