Ministers Defend Tax Relief for Businesses Importing Chinese Components Just as Tariffs Take Effect

Federal cabinet ministers are defending the government’s decision to allow Canadian businesses tax relief on Chinese goods that were just hit with tariffs this month over concerns about the regime’s unfair trade practices.
Ottawa imposed a 100 percent surtax on Chinese-made EVs effective Oct. 1, while a 25 percent surtax on Chinese steel and aluminum products will take effect this week. The government is also bringing in potential surtaxes on critical manufacturing sector products, such as battery parts, semiconductors, and critical minerals. Less than two months after announcing the measures, the government has initiated a process for Canadian businesses to request remission of the surtaxes….