Adding Chinese EVs to our imports would sure go a long way with that!
How about they build them here.
Exactly.
Nice empty factory in St Thomas. And possibly another in Ingersoll.
Canada has to diversify it’s industrial partnerships. Especially now that the USA is going bat shit crazy. China supporting russia’s aggression against Ukraine is horrible, but so is USA’s support for genocide against Palestine.
At least China is better regarding its actions against climate change.“I think it depends on the market, on the products. Is there enough competitiveness or not,” Ambassador Wang Di said … if he wants to see an increase in Canadian imports to China.
Mr. Wang Di is joking, right?
Chinese subsidies for its firms are just one obstacle for foreign companies to compete in China’s market. The government in Beijing makes it widely impossible for non-Chinese firms to compete in its domestic market, which is why no non-Chinese company has ever been able to maintain a strong market position within China. Beijing is only interested in the technology, and production and other know-how. Once they got what they want, foreign companies are not welcome anymore.
You can do some tit-for-tat trade, but China is by no means a reliable trading partner.
Btw, Canada’s exports to China in 2024 amounted to 21 billion, while Canadian imports from China were 63 billion.
Would be interesting if a NAFTA type deal formed with China subbing for the US.
I would love a deal like that with China, Mexico, Canada, European Union, and a few other nations. The US isn’t invited because they have a running history of not upholding trade agreements and ripping them up on a whim.
I’ll take china over the US at this point for sure
At least we can safely assume China will still be there in 4-5 years. The US? Who knows?
