Canada election: Party leaders weigh in on report Honda could shift some production to U.S. amid trade war

2 week_ago 11
  • 3 minutes ago

    Ontario premier dismisses Honda report

    Michael Woods

    Doug Ford, speaking astatine Queen’s Park this morning, said the Nikkei study is "not close astatine all.”

    He said helium spoke to the president of Honda Canada contiguous and the institution is readying to marque a statement.

  • 4 minutes ago

    Carney says Trump trying to ‘pull apart’ integrated car sector

    Jenna Benchetrit

    In airy of a study that Honda is considering moving immoderate accumulation retired of Canada and Mexico into the U.S., CBC’s Karina Roman asked Carney if he’s spoken with immoderate automaker CEOs, and if the concern minister’s program to incentivize car accumulation successful Canada — being announced contiguous — volition beryllium capable to support accumulation here.

    Carney said he’s spoken with CEOs of automakers successful Canada and astir the world, though it’s unclear erstwhile those calls occurred. He re-upped a Liberal authorities connection to motorboat a strategical money for autoworkers impacted by tariffs and a connection to physique retired Canada’s proviso chain.

    “The North American automobile assemblage is the astir integrated concern manufacturing assemblage successful the world, peculiarly the Canadian-U.S. car sector,” said Carney.

    “Trump’s tariffs are an effort to propulsion isolated that integration,” helium added, noting that we’ve started to spot the interaction of those policies with layoffs and short-term shifts successful production. “Our absorption is connected jobs and maturation present successful Canada.”

  • 20 minutes ago

    Carney announces payment for workers to up-skill

    Jenna Benchetrit

    The Liberal leader, speaking from Saint-Eustache, Que., said his authorities volition motorboat a caller payment for mid-career workers successful circumstantial sectors — namely manufacturing, wellness care, construction, exertion and artificial quality — who privation to summation caller skills.

    The payment volition supply up to $15,000 per person, and volition beryllium utilized to supply further grooming for workers wrong their companies, Carney said.

  • 24 minutes ago

    Poilievre tackling scammers who people seniors

    Jenna Benchetrit

    A antheral   stands astatine  a podium.

    Poilievre speaks during a run halt successful Montreal. (Graham Hughes/The Canadian Press)

    Today astatine his run lawsuit successful Montreal, the Conservative person unveiled a program to halt scammers who prey connected the elderly. Poilievre described a fewer incidents wherever seniors were targeted by fraudsters and spoke concisely astir his ain parents.

    “We each emotion our parents and we interest astir them. We interest that beingness is becoming much analyzable for them,” helium said.

    Poilievre announced that a Conservative authorities would walk a Stop Scamming Seniors Act, which helium said would unit banks and telecom companies to usage the latest exertion to drawback scams earlier they happen.

    The connection includes: real-time scam detection for seniors’ accounts; automatic flagging and blocking of suspicious activity, similar antithetic transactions oregon robocall traffic; putting a 24-hour clasp connected high-risk transactions for seniors, oregon anyone who wants one; and imposing nationalist reporting requirements connected scamming enactment successful the country.

    It besides includes mandatory jailhouse clip and fines to “financially cripple” fraudsters and a $5-million good for each usurpation by a institution that doesn’t usage the latest tech to halt scams. And it would make a caller Criminal Code offence to clasp institution executives accountable if they fto scams spell unchecked.

  • 49 minutes ago

    Report says Honda considering moving immoderate accumulation retired of Canada

    Michael Woods

    Honda employees enactment    on  the conveyance  assembly enactment     successful  Alliston, Ont.

    Honda employees enactment on the conveyance assembly enactment successful Alliston, Ont. (Nathan Denette/The Canadian Press)

    Good morning. I’m a elder shaper with the Parliamentary bureau’s integer team.

    We’re proceeding immoderate absorption this greeting to a study that Honda is considering switching immoderate car accumulation from Mexico and Canada to the U.S.

    CBC News has not independently confirmed that report, which was successful the Japanese Nikkei newspaper. The study said the institution is aiming for 90 per cent of cars sold successful the U.S. to beryllium made locally, successful effect to U.S. President Donald Trump’s tariffs connected foreign-made autos.

    Two national authorities sources told our workfellow Louis Blouin, Radio-Canada’s Parliamentary bureau chief, that this would beryllium a stroke to the Canadian car industry. Honda has a works successful Alliston, Ont. that is acceptable to expand.

    A root besides said International Trade Minister Dominic LeBlanc and Ontario Premier Doug Ford spoke astir the substance yesterday.

    But Flavio Volpe, president of the Automotive Parts Manufacturers’ Association, is downplaying the report, saying it mightiness beryllium contingency planning.

    "The Honda quality appears to beryllium based connected a Nikkei study connected two- and three-year contingency planning. The Japanese program for plans," Volpe told CBC News Network. “I don't spot Honda successful Ontario being affected astatine the moment."

    Finance Minister François-Philippe Champagne spoke with a elder Honda authoritative successful Japan, his bureau said successful a statement.

    “For the moment, it is not wide that Canadian accumulation could beryllium affected by the company's decisions,” the connection said. “The curate continues to travel the substance closely."

    We expect the national enactment leaders whitethorn speech astir this this morning. We’ve besides reached retired to Honda for comment.

  • 1 hr ago

    March ostentation numbers are out

    Jenna Benchetrit

    A pistillate   gasses up   astatine  a state  presumption    successful  Mississauga, Ont.,  Tuesday, February 13, 2024.

    Statistics Canada said state prices fell 1.6 per cent year-over-year successful March. (Christopher Katsarov/The Canadian Press)

    Putting connected my concern newsman chapeau for a second: March ostentation numbers are retired today, and they’re down 2.3 per cent connected a yearly ground compared to February’s 2.6 per cent.

    Why the little header number? Gas prices dropped arsenic planetary request for crude lipid fell and concerns implicit the economical interaction of tariffs heightened. The Organization of the Petroleum Exporting Countries — known arsenic OPEC — announced a program to summation production. Meanwhile, airfare and question circuit prices besides came down successful March.

    Those terms dips were somewhat offset by the extremity of the GST vacation connected Feb. 15. March was the archetypal afloat period since November that the taxation was backmost successful effect, truthful prices came backmost up to astir their pre-tax-break levels.

    When you portion retired state — a precise volatile assemblage that tin unreality the economical outlook — ostentation fell to 2.5 per cent successful March from 2.6 per cent successful February.

    Today’s numbers are the past spot of economical information the Bank of Canada volition get earlier it makes its adjacent involvement complaint determination tomorrow. We’ll beryllium watching to spot however it impacts the decision, and what that means for Canada’s economy.

  • 2 hours ago

    Campaigning successful la belle province

    Jenna Benchetrit

    Hello! Jenna here. I’ll beryllium your greeting unrecorded leafage writer.

    Here’s what we’ll beryllium watching today. Both Conservative Leader Pierre Poilievre and Liberal Leader Mark Carney are speaking astatine 9 a.m. ET. Poilievre is successful Montreal, and Carney is successful Saint-Eustache, Que.

    NDP Leader Jagmeet Singh is besides speaking successful Montreal astir 9:15 a.m. ET, and Bloc Québécois Leader Yves-François Blanchet volition beryllium making 2 announcements — 1 astatine 11 a.m. ET and different successful the afternoon.

    We’ll beryllium pursuing closely. Join us!

  • 2 hours ago

    On the eve of the archetypal leaders’ debate

    Lucas Powers

    Morning, Canadians! I’m a shaper based successful Toronto and I’ll beryllium curating your unrecorded leafage acquisition today.

    We are 1 time retired from the archetypal of 2 leaders’ debates. There are a slew of announcements connected the docket for this greeting earlier the leaders get backmost to preparing for the high-stakes contests.

    Stay with america for each the latest developments and investigation from Day 24 of the predetermination campaign.

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