Author: Ian Austen and Jack Ewing
Published on: 05/02/2026 | 00:00:00
AI Summary:
Mark Carney of Canada announced several measures Thursday aimed at making Canada a global leader in electric vehicles and rescuing an industry ravaged by U.S. Trade policy. Mr. Trump has inflicted significant pain on Canada’s auto industry by imposing a 25 percent tariff on Canadian vehicles. Canada will allow a small number of Chinese E.V.’s into the Canadian market at a low tariff rate. The announcement of the Chinese deal was followed by an agreement between Canada and South Korea that may lead to Korean automakers building Canadian factories for vehicles and batteries. Expanding the presence of Asia companies in Canada could ultimately hurt U.S. Companies. Mr. Carney said the measures he announced Thursday would “make our industry world leading regardless of the outcome” of those trade talks. General Motors last week laid off about 700 workers at its pickup truck plant in Oshawa, Ontario and closed a plant that made electric delivery vans in southwestern Ontario. Mr. Trump officially eliminated a mandate to move to zero emission vehicles by 2035, which had been opposed by automakers. The government is also restoring consumer rebates for electric vehicle purchases. Ian Austen reports on Canada for The Times. A Windsor, Ontario native now based in Ottawa, has reported on the country for two decades.
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