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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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Chinese Stocks Plummet Amid Stimulus Concerns

 

Chinese stocks experienced a significant downturn today, with the Shanghai Composite Index plummeting by 6.6%. This sharp decline comes as investors express growing anxiety over the lack of substantial economic stimulus from Beijing.

The market’s reaction follows recent rallies driven by hopes for major economic interventions. However, the latest announcements from Chinese officials have failed to meet these expectations, leading to widespread sell-offs. The CSI300 Index, which tracks the top 300 stocks in the Shanghai and Shenzhen markets, also saw a substantial drop of 5.6%.

Hong Kong’s Hang Seng Index was not spared, falling by 1.5% as investors moved to lock in profits after recent gains. The lack of new, impactful fiscal policies has left many market participants disappointed, contributing to the overall negative sentiment.

Analysts suggest that the market’s response is a clear signal of diminishing confidence in half-hearted promises and a demand for more decisive economic measures. As the situation unfolds, global investors will be closely watching for any further developments from Beijing.



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