Prime Minister Justin Trudeau's government has already slapped a 100% tariff on all Chinese electric vehicles and a 25% tariff on imports of Chinese steel and aluminum products, with the finance ministry previously saying it was also exploring options to widen the duties.
“These measures will prevent Chinese non-market trade practices from causing unfair and harmful market distortions in Canada and throughout the North American continent,“ the update said.
The government has often used its stand against China as a lever to show U.S. President-elect Donald Trump that Canada is aligned with its biggest trading partner in its stand against Beijing.
The fiscal update, also called the Fall Economic Statement, did not detail the extent of the duties to be imposed, nor on which specific products, but said further details on the measures would be announced soon.
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