Stellantis Brampton Plant Future Hinges on Trade Policy and Federal Funding Commitments
Automaker’s Production Shift Sparks Government Pressure and Worker Uncertainty Prime Minister Mark Carney revealed this week that Stellantis executives have…
Tag: Jeep Compass
Canada Deploys Ronald Reagan in Anti-Tariff Campaign as Ontario Economic Growth Slows
Canada has launched a new anti-tariff advertising campaign featuring Ronald Reagan’s voice as economic tensions with the U.S. intensify. The campaign comes as Ontario’s economic growth is projected to slow significantly and automaker Stellantis shifts production of the Jeep Compass from Ontario to Illinois, prompting federal legal threats.
Economic Impact of U.S. Tariffs on Ontario
According to a September report from the Financial Accountability Office of Ontario, the province’s real GDP growth is projected to slow to 0.9% this year and 1.0% next year due to the impact of U.S. tariffs. This economic slowdown comes at an awkward time for the Canadian province, which has historically maintained strong trade relationships with the United States.