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Canada’s Auto Industry Is Split on a U.S. Tariff Deal: What It Means for Your Wallet

  Canadian Money Brief • Tariffs & Trade • Saturday, November 14, 2026 Ottawa is once again trying to land a tariff deal with Washington. This time, the biggest fight may be inside Canada's own auto industry, and the outcome could reach your paycheque, your car purchase and your savings. Canada's auto manufacturers agree on the goal: get U.S. tariffs on Canadian-built vehicles down. They do not agree on how fast to move or what to accept. According to a Globe and Mail report published overnight, the Detroit Three (Ford, GM and Stellantis) want a deal sooner rather than later, even an imperfect one, while Honda and Toyota are pushing Ottawa toward a very different design. It matters now because of the clock. Canadian-built vehicles already face a 25% U.S. tariff on their non-American content, and Washington has threatened to double the headline rate to 50% on January 1, 2027. Honda has warned that doubling would be catastrophic for the North American industry. Prime Minister...
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US stocks hope for economic stability after record highs

 


The US stock market has been on a roll this year, with the S&P 500 index up by 17% and hovering around 6% below its record high from January 2022. The market’s performance in the coming weeks will depend on how confident investors are that the US economy will experience a soft landing..

A soft landing is a scenario where the economy slows down moderately without going into a recession . Morgan Stanley Research believes that the US economy can achieve a soft landing, given the current housing cycle, income and spending trends, a stable labor market, and receding inflation. However, banking-sector turmoil and a resulting credit squeeze still pose some recession risk.

The recent stock market rally has Wall Street re-examining the potential for the US economy to pull off a soft landing scenario. Goldman Sachs expects the economy to react positively to the Fed’s monetary policy in 2024.

It’s worth noting that the stock market is not always a reliable indicator of the economy’s health. Therefore, investors should be cautious and not celebrate too soon.



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