Last month, echoing a U.S. announcement three months earlier, the federal Liberals announced a 100 per cent tariff on the import of Chinese electric vehicles .
China’s move was predictable, given that it blocked canola imports following the arrest of Huawei chief financial officer Meng Wanzhou in 2019. The American situation is entirely different from Canada’s. The U.S. does manufacture EVs, but the U.S./China trading relationship involves multiple industries with no obvious target for China to strike back at.
Data from the Agricultural Carbon Alliance show that during just one month in 2023, livestock farmers paid an average $726 in carbon taxes, field crop farmers $2,024 and greenhouse operators $17,173. Over that same period, a shortfall of 24,000 general farm, nursery and greenhouse workers is expected.
How does the future of Canadian EV manufacturing relate to the future of farming? The answer is that the first cannot exist without gigantic taxpayer subsidies, while what farmers need is to be relieved of debilitating carbon taxes. We should not be robbing farmers to pay subsidies to battery-makers.
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Source: ctvottawa - 🏆 29. / 67 Read more »