Sam Cooper/The Bureau: Michael Kovrig, the former Canadian diplomat who knows what Beijing’s leverage looks like from the inside, has warned Parliament that Mark Carney’s Beijing trade pivot is leading Canada toward a trap it may not be able to escape.
…Behind every China-built electric vehicle, he argued, is a state-directed financing model that has poured more than 300 billion Canadian dollars into subsidies, tax breaks, cheap land, and suppressed wages.
The pattern that model produces, he said, follows three stages: flood, consolidate, weaponize…