Is it time to backpedal on bicycle import tariffs? - News Summed Up

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Is it time to backpedal on bicycle import tariffs?


Canada has a wide selection of great bicycle brands, but finding a bicycle that was actually made in Canada can be a challenge. That has some people raising the question: what's the purpose of this country's import tariffs on bikes, if the cost is simply passed on to consumers? Is there a significant bicycle manufacturing base in Canada worth protecting, or would consumers stand to gain if officials rethink the tariffs? Importing a complete, assembled bicycle will cost you 13 per cent in duty. Meanwhile, Overgaard said he's sensitive to how damaging a sudden cancellation of the tariffs could be to Devinci and others making bikes in Canada.


Source: CBC News March 27, 2019 00:11 UTC



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