President Trump’s announcement wasn’t as bad as feared for Canada, but the country’s auto sector will still struggle with the 25% tariff on imported vehicles announced on Wednesday.
The biggest risk for Canada is now coming into focus. And it's bad news if you're one of the hundreds of thousands of Canadians with a job connected to the auto sector. His target may be you.
Canada will put 25 per cent retaliatory tariffs on US-made vehicles in response to the Trump administration’s import taxes on foreign autos, Prime Minister Mark Carney said Thursday. The ...
Canada’s manufacturing PMI declined to 47.8 in February. That was down from 51.6 in January and the lowest level since last July. It was also the first time that the headline index has fallen ...
The Canadian dollar traded at roughly 70 U.S. cents on Wednesday, which lowers production costs in Ontario, home to Canada’s auto industry. Brian Kingston, president and CEO of the Canadian ...
His chief rival, Conservative leader Pierre Poilievre, enthusiastically backs Canada’s oil and gas sector, and has promised to help boost its export capacity to non-U.S. markets. Seizing the ...
The S&P Global Canada manufacturing purchasing managers index declined to 46.3 in March, a second straight month below the 50 threshold separating expansion from contraction after the index ...
TRUMP'S 25% TARIFF INCREASE ON ALL STEEL, ALUMINUM IMPORTS TAKES EFFECT Bipartisan senators are asking Trump’s Cabinet to address possible USMCA guideline evasion by Canada in the dairy sector ...
The move puts Windsor, Ont. — long considered Canada’s unofficial auto sector capital and located just across the river from Detroit — one step closer to losing its last-remaining vehicle assembly ...
The biggest risk for Canada is now coming into focus. And it's bad news if you're one of the hundreds of thousands (new window) of Canadians with a job connected to the auto sector.