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Honda Reaffirms Commitment to Canadian Auto Production Amid Tariff Concerns

Honda Canada has firmly denied reports suggesting it plans to shift car production from Ontario to the United States. The speculation arose from a Japanese news outlet's claim that Honda was considering relocating some of its manufacturing operations due to recent U.S. auto tariffs. However, Ontario Premier Doug Ford and federal officials have dismissed these claims as inaccurate. Honda Canada has assured that its Alliston, Ontario facility will continue to operate at full capacity, with no changes being considered at this time. The company remains committed to its Canadian operations, emphasizing that nearly 70% of Honda vehicles sold in Canada are manufactured domestically. Additionally, Honda is actively working on its North American electric vehicle strategy, which includes a $15 billion investment in Ontario to develop a full EV supply chain. Despite ongoing tariff challenges, Honda has reiterated its confidence in the Canadian market and its ability to navigate evolving trade...

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Carney and Trump to Discuss Economic Strategies

A highly anticipated call between Mark Carney, former Governor of the Bank of Canada, and former U.S. President Donald Trump is set to take place this morning. Sources suggest the conversation will focus on economic strategies and potential collaborations amidst evolving global challenges. While the specifics of the agenda remain undisclosed, this dialogue could have significant implications for North American economic policies and international relations. Observers are keen to see how this exchange might shape future economic directions.




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