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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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New Energy Partnership to Be Announced in Calgary

 

Prime Minister Mark Carney and Alberta Premier Danielle Smith, seen here together last month, have been discussing a potential agreement focused on the energy sector for months. 


Former Bank of England governor Mark Carney and Alberta Premier Danielle Smith are expected to unveil a major energy deal in Calgary this Thursday, according to a source familiar with the matter.

The agreement is anticipated to focus on advancing clean energy initiatives while balancing Alberta’s traditional oil and gas strengths. Carney, who has been a vocal advocate for sustainable finance and climate-conscious investment, is set to join Smith in highlighting how the deal could position Alberta as a leader in energy transition.

While details remain under wraps, the announcement is expected to emphasize collaboration between government and industry, aiming to attract investment, create jobs, and strengthen Canada’s role in global energy markets.

The Calgary event underscores the growing importance of energy diversification and innovation in shaping the province’s economic future.


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