Carney Meets with Auto Sector Leaders Amid Ongoing U.S. Tariffs

Prime Minister Mark Carney and auto industry leaders discussed building a 'made-in-Canada' supply chain to combat U.S. tariffs. The industry faces a 25% tariff from the U.S. and a 50% duty on steel and aluminum. Exceptions exist for U.S.-made components.

Carney met with representatives of Canadian Vehicle Manufacturers’ Association, Ford Canada, Stellantis Canada, and GM Canada. They talked about negotiations with the U.S., impacts on the sector, and the need for a local supply chain.

They also discussed federal measures to assist auto workers, plans to adjust tariffs on the U.S. by July 21, and making the industry more sustainable and competitive.

Canada aims for 100% zero-emission vehicle sales by 2035. The government halted EV incentives in January but plans to reintroduce rebates. Industry leaders find Canada's EV goal unrealistic.

The impact of tariffs includes potential recession in Ontario and job losses in the manufacturing sector. Automakers report no job losses due to tariffs so far.

Concerns remain about the future if tariffs persist. Toyota and Honda were not part of the meeting with Carney but hope for future discussions.

According to the source: Global News.