London Free Press
The bankruptcy of a Volkswagen partner in electric vehicle battery production will not threaten the automaker’s St. Thomas investment, industry experts say. The development does, however, demonstrate increasing volatility in the EV sector during this high-tariff automotive environment, and the $7-billion PowerCo EV battery plant in Southwestern Ontario may face future delays, they said. Northvolt, […]
London Free Press
London manufacturers fear a “fight” with customers and possible job losses will be the fallout from steel and aluminum tariffs imposed Wednesday on Canadian exports to the U.S. as industry weathered the first day of the latest trade scrap. Businesses buying and selling steel and steel products will be forced to charge customers more as […]
London Free Press
Ontario Premier Doug Ford agreed Tuesday to suspend the province’s surcharge on electricity it exports to three states after a top American official extended an “olive branch” in the form of a meeting in Washington to talk free trade. Ford called Tuesday for cooler heads to prevail in the United States’ trade war against Canada, […]