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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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Diplomatic Struggles: Russia and the U.S. Face Challenges in Ukraine Peace Talks

 

Russia’s Foreign Minister Sergei Lavrov has acknowledged the difficulties in reaching a peace agreement with the United States regarding the ongoing war in Ukraine. In an interview with the Kommersant newspaper, Lavrov stated that while discussions are taking place, agreeing on the key components of a settlement remains a challenge.

The diplomatic negotiations come amid continued tensions between Russia and Ukraine, with both sides seeking a resolution that aligns with their respective interests. While U.S. officials have expressed optimism about the possibility of a peace deal, Russia has been cautious, emphasizing the complexity of the discussions.

Despite the hurdles, efforts to broker a lasting peace continue, with international stakeholders closely monitoring the situation. The outcome of these negotiations could have significant implications for global stability and the future of Ukraine’s sovereignty.


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