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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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Trump and Zelensky to Sign Landmark Minerals Deal at White House

In a significant diplomatic move, U.S. President Donald Trump and Ukrainian President Volodymyr Zelensky are set to meet at the White House today to finalize a minerals deal. The agreement aims to grant the United States access to Ukraine's rare earth minerals in exchange for American investment and potential security guarantees for Kyiv.

The deal is seen as a strategic win for both leaders. For Trump, it represents an opportunity to secure valuable resources and potentially reimburse American taxpayers for the substantial military aid provided to Ukraine. For Zelensky, the agreement could bolster Ukraine's economy and strengthen its security amid ongoing tensions with Russia.

However, the deal is not without controversy. Critics argue that the actual mineral wealth in Ukraine is uncertain and that much of it lies in war-torn regions, making extraction challenging. Additionally, there are concerns about the lack of clear security guarantees in the current framework of the agreement.

As the two leaders prepare to sign the deal, the world watches closely, anticipating the potential geopolitical and economic impacts of this landmark agreement.

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