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Trump’s 25% tariffs on Canada and Mexico are threatening to make a trip to the grocery store more expensive by hiking the prices of avocados, strawberries, and maple syrup. Buying a new car or ...
But the stress and even anger felt in Canada, evidenced by a push to buy Canadian-made products and by reports of booing of the U.S. national anthem at sporting events there, highlight a key fact ...
The Anderson Economic Group (AEG) found that vehicles like EV crossovers could have price hikes of over $12,000 depending on the vehicle if proposed tariffs of 25% go into effect on Canadian and ...
According to an article in the Vancouver Sun in 2021, “Ontario consumers may not know it, but we have a gem of an organization in this province that makes purchasing vehicles [5] much safer.” The organization recognizes the importance of consumer protection in the motor vehicle industry and continues to work diligently toward addressing the ...
For British Columbia residents purchasing a vehicle elsewhere in Canada or in the United States, temporary insurance can be obtained from ICBC over the phone, being one of the few times one deals with ICBC directly. The situation in Manitoba and Saskatchewan is similar.
The RIV program also requires anyone importing a vehicle into Canada to pay a RIV fee of $295+GST CAD (and QST if being imported into Quebec). The enforcement of the RIV program added some level of complexity to the vehicle importation process, and the manner of operation of the Registrar of Imported Vehicles has recently been brought into ...
Currently, Canada produces around 10% of cars sold in the US (approximately 225,000 units), with Mexico supplying close to 20%. Interestingly, the US actually produces more cars for Canadian ...
From 1965 to 1982, Canada's total automotive trade deficit with the U.S. was $12.1 billion; this combined a surplus of around $28 billion worth of assembled vehicles and a deficit of around $40.5 billion in auto parts. [8] The agreement resulted in lowered prices and increased production in Canada, creating thousands of jobs and increasing wages.