The Globe and Mail reports in its Saturday edition that one safe prediction is that Canada will continue to lose auto industry jobs. The Globe's Eric Reguly writes that the Canadian auto sector is facing challenges. Recently, GM announced the end of production of its BrightDrop EV van in Ingersoll, Stellantis moved EV Jeep Compass production from Brampton to Illinois, and Honda announced a two-year delay for its $15-billion EV and battery project in Alliston. The Big Three -- GM, Ford, Stellantis -- are unlikely to expand in Canada while President Donald Trump is in office. Tens of thousands of auto jobs have already vanished and it is unclear if there is a plan from the Ontario or federal governments to prevent further decline in the industry. Canada and Ontario need a new automotive strategy as the American car industry declines. Inviting Chinese car and battery makers could be a solution. Prime Minister Mark Carney noted that Canada and China have reached a "turning point" in their relations.
China will lift canola tariffs if Canada removes its tariffs on Chinese EVs. This could create a win-win situation, allowing Canada to open its market to Chinese EVs, especially if companies like BYD create jobs in Canada.
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