London Free Press
The cost of many new vehicles on dealership lots across Canada will soon climb. Canada’s counter-tariffs on U.S.-made vehicles will hike the price about $5,000 to $6,000 on average when they hit lots here, with amounts ranging from $2,500 to $12,000, depending on the vehicle, industry experts say. “Every automotive manufacturer is meeting with dealers, […]
London Free Press
Get ready for the sticker shock slowdown. The price of Canadian-made vehicles hitting U.S. dealer lots after tariffs are applied will rise between $2,500 and $15,000, depending on the model, says a recent report from a U.S. business consulting group. That price jump may slow sales of vehicles made here, and see automakers cut production […]
London Free Press
The London region’s unemployment rate improved in March as the local economy added 2,200 new jobs, a strong showing that doesn’t yet reflect the impact of the trade war between Canada and the U.S. The region’s jobless rate now sits at 5.9 per cent, down from February’s 6.6 per cent, Statistics Canada reported Friday. Including […]
London Free Press
Tariffs landed with a thud in Ontario’s industrial heartland Thursday, shuttering one major automaker and spreading uncertainty among smaller automotive parts suppliers across the London. The U.S. held to its pledge to punish manufacturers shipping goods south of the border, charging a 25 per cent tariff on automobiles, tariffs on some automotive parts in addition […]
London Free Press
Home sales in the London area plummeted in March, new figures show, deepening a slump that’s now run through the first quarter of 2025. Only 508 homes were sold last month in the London area, which also takes in Strathroy, St. Thomas and portions of Middlesex and Elgin counties, the London and St. Thomas Association […]