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Trump's 50% Auto Tariff Threat: What It Means If You're Buying a Car in 2027

  Vehicle prices in Canada are already up thousands of dollars since the trade war began. A threatened doubling of auto tariffs on January 1, 2027 could push them higher still — here's what's confirmed, what's not, and what it means if you're in the market for a car. On Monday, U.S. President Donald Trump posted on Truth Social that tariffs on all Canadian-made cars, trucks, auto parts, and steel would rise to 50% starting January 1, 2027 — effectively doubling the current 25% rate. The threat landed hours after cross-border trade talks collapsed late Friday night, triggering a separate round of 50% tariffs on roughly $20 billion of other Canadian goods and a promised Canadian retaliation package set for September 8. For anyone shopping for a new or used vehicle in Ontario — or watching an auto-sector paycheque — here's what's actually changed, and what's still just a threat. What Trump actually announced The post is specific on rate and date but light on me...
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Ontario Caps Rent Increases Below Inflation Rate for 2025

Ontario has announced that the annual rent increase guideline for 2025 will be capped at 2.5 per cent. This rate is currently the lowest in the country and falls below the average inflation rate of 3.1 per cent. The guideline ensures that landlords cannot increase rent beyond this limit without approval from the Landlord and Tenant Board.

Under the Residential Tenancies Act, the cap is set at 2.5 per cent to protect tenants from rising interest rates that could lead to higher rent. Without this cap, the recent inflation rate would have resulted in a 3.1 per cent increase in 2025. It’s important to note that rent increases are not automatic; landlords must provide tenants with at least 90 days’ written notice using the correct form. If tenants believe they’ve received an improper rent increase, they can request a correction from the Landlord and Tenant Board.

Over the last three years, Ontario has seen significant housing starts and rental housing development, making this move a crucial step in maintaining affordability for tenants. 


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