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In January, trade relations between Canada and China began to thaw, when the two countries reached an agreement on several longstanding trade irritants.

Canada committed to lowing tariffs on Chinese electric vehicles from 100% to 6.1% for 49,000 units annually, while China agreed to reduce tariffs on canola, seafood and peas, unlocking billions in agricultural exports.

Although the long-term effects remain uncertain, ³ÉÈËVRÊÓƵ expert ³Õ¾±±¹±ð°ìÌý´¡²õ³Ù±¹²¹²Ô²õ³ó predicts Chinese automakers could capture 10% of Canadian EV sales, pressuring incumbents like Tesla as lower-cost imports enter the market.