The Financial Post reports in its Tuesday edition that Tesla and brands controlled by Zhejiang Geely Holding will likely be the first beneficiaries of Canada's move to slash import tariffs on made-in-China electric vehicles. A Bloomberg dispatch to the Post says that in a deal announced late last week, Canada agreed to allow 49,000 EVs from China annually at a tariff rate of 6.1 per cent, removing a 100 per cent duty, in exchange for a concession on agricultural and seafood products. While the agreement is aimed at enticing long-term investment from Chinese carmakers, at least initially the companies that stand to benefit will be manufacturers that already have North American certification. That includes Tesla as well as the Geely-controlled brands Volvo Car AB and Polestar. Tesla had been a major importer of EVs, bringing more than 44,000 to Canada in 2023 -- the last full year before the 100-per-cent tariff rate was imposed in 2024. Still, other carmakers are likely to follow swiftly as the government looks to cut red tape. As part of the deal, Transport Canada will certify new Chinese EVs within just eight weeks. Geely said its brands will be affected differently but, over all, the change is a positive step.