Overview
- Canada will allow an annual cap of up to 49,000 Chinese-made electric vehicles at the 6.1% most-favoured-nation tariff rate, rolling back a blanket 100% duty imposed in 2024.
- Canada says it expects China to cut combined tariffs on Canadian canola seed to about 15% by March 1 and to suspend anti-discrimination duties on canola meal, lobsters, crabs and peas for at least the rest of 2026.
- Both governments issued joint statements and signed MOUs, including sanitary measures on pet food and animal health, while restarting high-level dialogue mechanisms across trade, energy and culture.
- Ottawa set a goal to boost exports to China by 50% by 2030, and the Prime Minister’s Office said Xi committed to introduce visa-free travel for Canadians.
- Officials describe the measures as preliminary and subject to implementation, as the deal draws domestic scrutiny from Canada’s auto sector and political critics, with Carney stressing clear red lines on human rights and foreign interference.