U.S. House passes trade deal replacing NAFTA, but concerns remain in Canada

David Lawder, Reuters December 19, 2019 WASHINGTON — The U.S. House of Representatives on Thursday overwhelmingly approved a new North American trade deal that includes tougher labour and automotive content rules but leaves $1.2 trillion (all figures USD) in annual U.S.-Mexico-Canada trade flows largely unchanged. The House passed legislation to implement the U.S.-Mexico Canada Agreement […]

Under pressure from Trump to save jobs, GM acts in Canada, Ohio

David Shepardson, Tyler Choi, Reuters May 8, 2019 WASHINGTON/TORONTO (Reuters) – Under political pressure not to cut jobs, General Motors Co announced on Wednesday it was in talks to sell its Lordstown, Ohio, plant to an electric truck-building company and also said it would maintain some operations at a Canadian factory. The decisions came after […]

Toyota to produce Lexus NX at Canada plant -sources

Reuters, April 29, 2019 OTTAWA, April 29 (Reuters) – Toyota Motor Corp will invest hundreds of millions of dollars to produce its Lexus NX luxury crossover vehicle at a Canadian plant, sources said on Monday, offering relief to a region where other carmakers have announced job cuts. The company will produce the Lexus NX and […]

Canada’s Ontario commits C$40 million to bolstering auto sector

February 14th, TORONTO (Reuters) Ontario, home to much of Canada’s auto industry, announced C$40.2 million ($30.18 million) in technology-focused funds for the auto industry on Thursday, aimed largely at developing next-generation manufacturing workers, as part of a new 10-year plan.The strategy, aimed at growing a sector grappling with technology and trade disruptions, comes as General […]

UPDATE 7-Third Canadian detained in China amid Huawei dispute

David Ljunggren, CNBC December 20, 2018 OTTAWA, Dec 19 (Reuters) – A third Canadian has been detained in China following the arrest of a Chinese technology executive in Vancouver, a Canadian government official said on Wednesday amid a diplomatic dispute also involving the United States. The detentions of the Canadians followed the Dec. 1 arrest […]