Factories and research sites for BYD, Shanghai Launch, Chery and Geely are on Industry Minister Mélanie Joly’s itinerary before she heads to Beijing with a delegation of Canadian business leaders for possible meetings with senior Chinese government officials. The corporate participants include mining and insurance companies and pension-fund investors. Later, in Japan, Joly is to meet with executives from Honda and Toyota. (The Globe and Mail)
Talking point: Aggravating Ontario Premier Doug Ford, Canada agreed to lower tariffs on 49,000 Chinese-manufactured cars each year, after previously having raised them to align with the United States. Joly is also hoping Chinese automakers will open factories in Canada, though not just to do final assemblies and then present the vehicles as Canadian-made. Toyota and Honda, meanwhile, account for more than three-quarters of all Canadian auto production—each of them producing more cars in Canada in 2025 than the traditional Big Three of General Motors, Ford and Stellantis combined.
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