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: Stellantis
Ontario Premier Demands Trade Retaliation After Stellantis Shifts $13B Jeep Production to US
Ontario Premier Doug Ford is calling for economic retaliation against the US after Stellantis announced it’s shifting Jeep Compass production from Canada to Illinois. The automaker’s $13 billion US manufacturing expansion comes amid ongoing trade tensions between the two countries.
Canadian Auto Sector Faces Major Blow
Ontario Premier Doug Ford is urging Canada to implement retaliatory trade measures after automaker Stellantis confirmed it’s moving planned Jeep Compass production from Brampton, Ontario to Illinois, according to reports. The decision comes as part of the company’s $13 billion investment to expand its US manufacturing capacity, dealing a significant blow to Canada’s auto industry.
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.