Reported about 15 hours ago
The Canadian government has announced a reduction in tariff-free import allowances for Stellantis and General Motors due to their recent production cuts in Canada. Stellantis is shifting its Jeep Compass production to the U.S., while GM will stop producing BrightDrop electric vans in Ontario. As a result, the exemption quota for GM will decrease by 24% and for Stellantis by 50%, raising concerns about the future of Canada's auto sector and its impact on jobs.
Source: YAHOO