16:29:15 EST Sun 08 Feb 2026
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or Name
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Ford CDR (CAD Hedged)
Symbol F
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Close 2025-10-10 C$ 9.87
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Globe/CP say Ford, rivals hear call to quit EV tariffs

2025-10-14 07:23 ET - In the News

Also In the News (C-HNDA) Honda CDR (CAD Hedged)
Also In the News (C-TOYM) Toyota CDR (CAD Hedged)

The Globe and Mail reports in its Monday edition that Manitoba Premier Wab Kinew has urged Prime Minister Mark Carney to eliminate Canada's 100-per-cent tariff on Chinese electric vehicles in exchange for China lifting its tariffs on Canadian canola and pork. A Canadian Press dispatch to The Globe reports that Mr. Kinew emphasized that while protecting Canada's vehicle industry is crucial, the current approach has led to a two-front trade war that disproportionately impacts Western Canada. He noted in a letter that China's tariffs have led to a significant drop in canola prices. A pork producer in Manitoba is reporting an annual loss of $19-million. Canada imposed the tariff last year alongside the U.S., which also has a 100-per-cent tariff on Chinese electric vehicles, claiming it protects the domestic auto industry. Saskatchewan Premier Scott Moe wants Ottawa to remove the EV tariff, but only if relations with the U.S. are good, noting that it is not a simple fix. Mr. Kinew says every day the tariffs remain in place, the harm to Prairie producers deepens. Mr. Kinew noted the Chinese ambassador to Canada recently said China would lift tariffs on canola and pork in exchange for Canada removing its tax on Chinese EVs.

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