Canada’s surtax on Chinese-made electric vehicles, steel and aluminum

On October 1, 2024, the federal government implemented a 100 per cent surtax on Chinese-made electric vehicles (EVs) imported into Canada.

The federal government also implemented a 25 per cent surtax on imports of steel and aluminum products from China starting on October 22, 2024.

On October 18th, federal government launched the process to request remission of surtaxes on EVs and steel and aluminum imported from China under specific circumstances.

The Parliamentarian Budget Officer (PBO) estimates that the two measures will raise federal revenues by $473 million from 2024-25 to 2028-29.