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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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Tragic Error: South Korean Air Force Jets Drop Bombs on Civilian Homes, Injuring 15

In a shocking incident on Thursday, South Korean fighter jets accidentally dropped eight bombs on a civilian district in Pocheon during military exercises, resulting in injuries to 15 people, including two who were seriously hurt. The mishap occurred when a pilot entered incorrect coordinates, causing the bombs to fall outside the designated shooting range.

The bombs, each weighing 225 kilograms, were released from two KF-16 jets during joint live-fire exercises near the demilitarized zone separating the two Koreas. The explosions caused significant damage to homes, a church, and other structures in the area. Residents have long protested the disturbance and potential danger posed by nearby training grounds.

Authorities have suspended live-fire exercises until a thorough investigation is conducted to determine the cause of the error. Despite the incident, major joint South Korean and U.S. military exercises scheduled to begin on Monday will proceed as planned.

Pocheon city mayor Baeck Young-hyeun urged the government and military to implement measures to prevent further civilian damage. The South Korean Air Force has apologized for the accident and expressed their wishes for the swift recovery of those injured.


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