Speaking recently with BNN Bloomberg’s Morning Markets, Derek Young, partner at Gowling WLG, weighed in on the newly announced Canada–China electric vehicle (EV) trade arrangement. The discussion focused on how the deal could affect market access for Chinese-manufactured EVs in Canada and the implications for Canadian producers and regulatory standards.
Young noted that as details of the agreement continue to unfold, the emphasis is on the implementation of a limited and conditional trade arrangement that opens the Canadian marketplace to certain Chinese EVs while also providing Canadian exporters with greater access to China’s large agricultural market.
“What we’re really looking at is the implementation of a deal that allows Chinese manufacturers to be in the Canadian marketplace while Canada gains access to a very large Chinese agricultural market. As more details emerge, it’s clear this is a limited and conditional arrangement.”
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