Dimitry Anastakis

Dimitry Anastakis, a Professor at the University of Toronto specializing in the Canadian auto industry, discusses the implications of Canada’s new trade deal with China. He explains the introduction of 49,000 Chinese-made electric vehicles into the market, contrasting it with previous tariffs. Dimitry highlights the potential impact on jobs, the shift in buyer preferences, and the challenges for local automakers. He also warns that this deal could complicate USMCA negotiations, while expressing optimism about Canada’s ability to adapt to these changes.