Carney promises $2B auto industry fund as Trump hits sector with tariffs


Source: cbc.ca cbc.ca

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Homing in once again on the fractured Canada-U.S. relationship, Liberal Leader Mark Carney unveiled a $2-billion proposal to protect Canada's auto industry while in Windsor, Ont., on Wednesday — one of the front lines of the tariff war. Calling it a "strategic response fund," Carney said the money would be used to boost the auto sector's competitiveness, protect manufacturing jobs, help workers gain expertise and build "a fortified Canadian supply chain." Carney's announcement came hours before U.S. President Donald Trump ratcheted up the trade war, announcing plans for a 25 per cent tariff on all vehicles not made in the...