Economy

Advocacy Auto Industry Auto Parts Business Development CUSMA Economy Environment and Energy Exporting Opportunities International Business NAFTA OEM Trade USMCA

Canada-United States-Mexico Agreement (CUSMA)

On July 1, 2020, the new Canada-United States-Mexico Agreement (CUSMA) entered into force. Signed on the margins of the G20 Leaders’ Summit in Buenos Aires in November 2018, CUSMA outcomes preserve key elements...

Auto Industry Economy International Business Trade

Donald Trump’s latest threat to Canada is likely to go over like an aluminum balloon

Edward Keenan, Toronto Star June 24, 2020 WASHINGTON—With U.S. economy struggling, Canada and other countries risk being collateral damage as President Donald Trump swings wildly to show his supporters that he’...

Auto Industry Economy International Business Trade

How new American tariffs on Canadian aluminum could backfire

Janyce McGregor, Alexander Panetta, CBC News June 24, 2020 If the Trump administration buys the argument that Canadian aluminum exports have surged and slaps a 10 per cent tariff back on products imported from ...

Auto Industry Auto Parts Business Development Economy International Business Trade

New U.S. metal tariffs would be ‘dumb,’ Canadian supply group says

Greg Layson, Automotive News Canada June 23, 2020 The Trump administration is considering re-imposing tariffs on aluminum imports from Canada and an announcement could come by the end of the week, according to ...

Auto Industry Auto Parts Business Development Economy Exporting Opportunities International Business NAFTA Trade USMCA

Canadian Parts Makers Await Enactment of USMCA

Keith Nuthall, Wards Auto June 19, 2020 OTTAWA – Canada’s Automotive Parts Manufacturers’ Assn. (APMA) is optimistic that the U.S.-Mexico-Canada Agreement (USMCA) will deliver more sustained work to the country...

Auto Industry Economy International Business NAFTA Trade USMCA

Trump considering reinstating tariffs on Canadian aluminum and steel imports

Adrian Morrow, The Globe and Mail June 18, 2020 … U.S. Trade Representative Robert Lightizer told congressional hearings Wednesday that rising metals imports are “a problem with Canada that we’re working on.” “...

Auto Industry Auto Parts Business Development COVID-19 Economy Event International Business

Empire Club – The Evolution of an Economic Engine: Assessing the State of Canadian Advanced Manufacturing

Click here for full event recording (Event held on June 5th, 2020) Panelists: Jayson Myers, Diane Reko, Flavio Volpe, Moderator: Peter Hatges Dwindling cash flows, ongoing skills shortages and disruptions to su...

Auto Industry COVID-19 Economy International Business Trade USMCA

The auto industry faces challenges worse than in 2008, lawmakers say

Sabrina Rodriguez, Politico May 18, 2020 Auto manufacturing plants across the United States are resuming operations Monday, but it’s unclear whether production and consumer demand will ramp up enough for them t...

COVID-19 Economy International Business Trade

Memo: The Quarantine Act and Essential Travel

The full memo can be found here: PDF – The Quarantine Act and Essential Travel Entry into Canada By The Quarantine Act, the Government of Canada is enforcing a 14-day mandatory quarantine period for all ...

Auto Industry Auto Parts COVID-19 Economy Trade

Le pari risqué d’un redémarrage de l’industrie de l’auto

Marc Godbout, Radio Canada May 9, 2020 … L’Association des fabricants de pièces automobiles est la voix de plus de 700 manufacturiers canadiens, dont 10 % de ses membres se trouvent au Québec. Son président Fla...