Latest news with #Canadian-built
Calgary Herald
2 minutes ago
- Automotive
- Calgary Herald
Japanese trade deal with U.S. creates lower tariff rate for vehicles than Canada faces
Article content A new U.S.-Japan trade deal reportedly gives the Asian country a 15 per cent flat tariff rate — providing a potential edge in key export areas such as auto manufacturing, where Canadian finished vehicles currently face a 25 per cent tariff rate. Article content United States President Donald Trump announced the deal with Japan on Tuesday but details remain vague, as no official text of the deal was released. Article content Article content Article content That is similar to other trade deals that the U.S. has announced in recent weeks, where the details remain undisclosed. Still, as Canada inches toward an August deadline on negotiations with the U.S., auto industry professionals offered mixed reactions as to how Japan's deal could affect the competitiveness of Canada's sector. Article content Article content 'If you're Japan, and you're looking around and saying where are my competitors, you're feeling pretty good,' said Eric Miller, president of Washington, D.C.-based Rideau Potomac Strategy Group, a consulting firm on trade policy. 'Autos are about a quarter of their exports, and the auto access was a significant piece of this.' Article content Indeed, according to the World Bank, auto and related exports accounted for about 20 per cent of Japan's trade in 2022. Article content Within Canada's auto sector, the agreement spurred mixed reactions. Article content Article content On the one hand, if Japanese-built vehicle exports to the U.S. face a lower duty than Canadian built ones, this could in theory incentivize some automakers to move production to Japan. Article content Article content On the other hand, that is considered unlikely by many within the auto industry who hold out hope that in the end, Canadian-built autos are likely to receive a lower tariff rate than Japan. Article content 'That's certainly the hope,' said David Adams, president of the Global Automakers of Canada, a lobbying group that represents Honda Motor Co. Ltd. and Toyota Motor Corp. among other foreign automakers. Article content He and others say that vehicles built in Canada, often in border towns such as Windsor, have far more spillover effects in terms of creating jobs in the U.S. than vehicles built in other countries that are separated from the U.S. by an ocean. Article content In reality, Canadian automakers are already paying below 15 per cent in many cases. That is because the Trump Administration adjusted its policies such that automakers can declare the value of any Canada-United States-Mexico Agreement (CUSMA) compliant parts contained within a vehicle and deduct that amount from the total value of the vehicle subject to a tariff.
Cision Canada
03-07-2025
- Business
- Cision Canada
All levels of government must confirm Alstom Thunder Bay plant as builder for TTC subway cars contractor
THUNDER BAY, ON, July 3, 2025 /CNW/ - Unifor is demanding all three levels of government make an open and official commitment to ensure jobs for workers at Unifor Local 1075 at the Thunder Bay Alstom plant are secured with a deal to build future TTC subway cars. "We don't understand the hold up. Unifor has been patiently waiting for all three levels to sign on and commit to these important manufacturing jobs for Canadian workers – but so far, we haven't seen any ink on paper," said Unifor National President Lana Payne. "The federal and provincial governments as well as the City of Toronto have committed the necessary funding and publicly declared their support for a sole-source procurement to Alstom in Thunder Bay. " If Alstom is awarded the contract, Unifor members would build the 55 new subway cars, intended to replace the current cars on the Bloor-Danforth line, which will reach their 30-year life service line next year. The federal government has indicated its support for the transit to be build in Canada, at the Thunder Bay facility including in Nov. 2024 when it announced $758 million in federal funding to support this transit project. In April, Ontario Premier Doug Ford urged Toronto to have its subway cars manufactured at the Alstom plant in Thunder Bay and to consider a sole-source deal with Alstom to support provincial workers, amid Donald Trump's ongoing trade war. At that time, Ontario Transportation Minister Prabmeet Sarkaria sent a letter to Toronto Mayor Olivia Chow requesting the procurement be sole-sourced to Alstom Thunder Bay. In June, Chow announced her support for the sole-source procurement to Alstom in Thunder Bay. In response to U.S. tariffs, Toronto had already moved in March to bar American firms from bidding on contracts. "And yet here we are, still waiting with workers at Thunder Bay facing layoffs. If there was ever a time to use Canadian procurement dollars to support Canadians and, in this case, Canadian-built transit it is now," said Payne. "We need procurement policies to match the intentions we have been clearly hearing from our political leaders." In January, Ontario committed to spend nearly $500 million to refurbish 181 GO Transit bi-level rail coaches, which is expected to support hundreds of jobs for at the Alstom plant in Thunder Bay. "With the ongoing trade war, Made-in-Canada has never been so important," said Unifor Unifor Local 1075 President Justin Roberts. "Our members are highly skilled and ready to build this transit. This should be a no-brainer given the times we are in. Let's get these subway cars built here at home." Unifor is Canada's largest union in the private sector, representing 320,000 workers in every major area of the economy. The union advocates for all working people and their rights, fights for equality and social justice in Canada and abroad, and strives to create progressive change for a better future. SOURCE Unifor
Time of India
03-07-2025
- Automotive
- Time of India
Ford, GM, Stellantis warn Carney as Trump tariffs crush Canada auto trade
Canadian Prime Minister Mark Carney convened a high-stakes meeting on Wednesday(July 2) with CEOs from Ford Canada , GM Canada , Stellantis Canada , and Brian Kingston of the Canadian Vehicle Manufacturers' Association. The attendees gathered at the Prime Minister's Office to address the impact of renewed 25 percent US tariffs on Canadian-built vehicles and draw up plans to protect Canadian supply chains, at a time when trade talks with the United States are heating up again. The faces behind the numbers by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Don't Pay Full Price for 2025's Top Games! Shop Now Undo Line workers in Windsor, Ontario, and Oakville understand these tariffs as more than just economic data; they represent family paychecks, local businesses, and community identity. Canada responded to US auto, steel, and aluminum tariffs in April with matching 25 percent retaliatory tariffs on US vehicles, sparing parts to preserve integrated North American supply chains. A $2 billion 'strategic response fund' was also created to help affected workers Live Events Dropping EV sales compound the pressure Automakers face added strain from declining EV demand. April's data from Statistics Canada showed EVs made up only 7.5 percent of new sales, a sharp decline from record highs of 18.29 percent in December 2024. David Adams, CEO of Global Automakers of Canada , warned bluntly: 'There's no way that manufacturers are going to be able to meet their targets for 2026.' Canada's zero-emission vehicle mandate requires 20 percent EVs by 2026, rising to 100 percent by 2035. Trade brinkmanship and revival The trade talks had stalled late in June after Canada introduced a 3 percent digital services tax on large US tech companies. President Trump branded it a 'blatant attack' and froze trade negotiations. But Canada withdrew the tax on June 30, prompting the restoration of talks and a firm July 21 deadline to finalize a new Canada–US economic and security agreement Carney emphasized the need for a 'made‑in‑Canada supply chain' and greater trade partner diversification, redesigning economic policy 'to maximize US impact while minimizing harm at home'. But the automakers say the immediate pressures from steep tariffs to EV mandates are pushing their production models to the brink. Why this matters in the US Across-the-border effects : Tariff turbulence could increase vehicle prices in both countries. Shared industry risks : The auto supply chain spans the border, shutdowns in Canada ripple into US parts plants and dealerships. Cale ndar pressure : With just over two weeks until the July 21 deadline, failure to strike a deal risks escalating tariffs and retaliatory moves.
Economic Times
03-07-2025
- Automotive
- Economic Times
Ford, GM, Stellantis warn Carney as Trump tariffs crush Canada auto trade
AP Canadian Prime Minister meets with Ford, GM, and Stellantis leaders as US tariffs threaten thousands of auto jobs and reignite cross-border trade tensions Canadian Prime Minister Mark Carney convened a high-stakes meeting on Wednesday(July 2) with CEOs from Ford Canada, GM Canada, Stellantis Canada, and Brian Kingston of the Canadian Vehicle Manufacturers' Association. The attendees gathered at the Prime Minister's Office to address the impact of renewed 25 percent US tariffs on Canadian-built vehicles and draw up plans to protect Canadian supply chains, at a time when trade talks with the United States are heating up again. Line workers in Windsor, Ontario, and Oakville understand these tariffs as more than just economic data; they represent family paychecks, local businesses, and community identity. Canada responded to US auto, steel, and aluminum tariffs in April with matching 25 percent retaliatory tariffs on US vehicles, sparing parts to preserve integrated North American supply chains. A $2 billion 'strategic response fund' was also created to help affected workers Automakers face added strain from declining EV demand. April's data from Statistics Canada showed EVs made up only 7.5 percent of new sales, a sharp decline from record highs of 18.29 percent in December 2024. David Adams, CEO of Global Automakers of Canada, warned bluntly:'There's no way that manufacturers are going to be able to meet their targets for 2026.' Canada's zero-emission vehicle mandate requires 20 percent EVs by 2026, rising to 100 percent by 2035. The trade talks had stalled late in June after Canada introduced a 3 percent digital services tax on large US tech companies. President Trump branded it a 'blatant attack' and froze trade negotiations. But Canada withdrew the tax on June 30, prompting the restoration of talks and a firm July 21 deadline to finalize a new Canada–US economic and security agreement Carney emphasized the need for a 'made‑in‑Canada supply chain' and greater trade partner diversification, redesigning economic policy 'to maximize US impact while minimizing harm at home'. But the automakers say the immediate pressures from steep tariffs to EV mandates are pushing their production models to the brink. Across-the-border effects : Tariff turbulence could increase vehicle prices in both countries. : Tariff turbulence could increase vehicle prices in both countries. Shared industry risks : The auto supply chain spans the border, shutdowns in Canada ripple into US parts plants and dealerships. : The auto supply chain spans the border, shutdowns in Canada ripple into US parts plants and dealerships. Calendar pressure: With just over two weeks until the July 21 deadline, failure to strike a deal risks escalating tariffs and retaliatory moves.
Yahoo
26-06-2025
- Business
- Yahoo
kama.ai makes Cohere available on its Hybrid AI Agent Platform
Advancing Sovereign Canadian AI Agents TORONTO, June 26, 2025 (GLOBE NEWSWIRE) -- Canada's leader in Responsible Conversational AI, is pleased to announce that Cohere, the leading data security-focused enterprise AI company, is now available on hybrid AI agent platform to power generative intelligence within GenAI's Sober Second Mind® Hybrid AI Agents. This integration deepens commitment to provide trusted, human-governed knowledge delivery. This while harnessing high-quality generative outputs through Cohere's secure enterprise LLMs and embedding models. Notably, both and Cohere represent Canada's growing Sovereign AI capabilities. This is an emerging important topic with enterprise clients. Sovereign AI implies artificial intelligence technologies which are designed, developed, deployed, and governed within a specific country's legal and ethical frameworks. This has become an issue concerning national control over data, algorithms, infrastructure, and compliance. 'Cohere strengthens our Hybrid AI Agent solution by providing a Canadian-built GenAI capability alongside our trusted knowledge graph AI technology,' said Brian Ritchie, CEO and Founder of 'We see this as a very positive step forward. Combining these two technologies provides the most responsible and brand-safe AI systems in the industry.' Trusted Collections for Enterprise Assurance This new development allows to connect and use Cohere's Command family LLMs to deliver real-time creative responses. This while Cohere's embedding and rerank models power the company's Trusted Collections for enterprise Retrieval Augmented Generation (RAG). Trusted Collections ensure that only carefully chosen documents are selected and vectorized to inform generative drafts or real-time responses. This minimizes challenges with hallucinations, and other contamination from less relevant information. Draft Assist with kama's Trusted Collections allows generative support while human experts validate critical information for the organization's knowledge graph. This allows systems to provide 100% accuracy and reliable adherence to brand sanctioned information. This process means enterprise knowledge managers and administrators can maintain full control over what the AI Agent says publicly. It blends the speed and creativity of Cohere's generative AI with the deterministic accuracy and factual safety of graph-based enterprise knowledge. A Stronger Canadian AI Ecosystem CAISIC, Canada's Artificial Intelligence Sovereignty and Innovation Cluster, praised this milestone as an advancement for Canada's AI sector: ' integration with Cohere demonstrates that Canada's AI innovators are capable of delivering collaborative solutions built with local expertise,' said Niraj Bhargava, Co-Founder and Co-Chair of CAISIC. 'This direction aligns with the growing need for sovereign, ethical, and trusted AI technologies in the AI stack.' About is a Responsible AI Agent deployment platform that blends knowledge graph AI with advanced generative models for trustworthy Hybrid AI Agents. It empowers industries such as finance, education, healthcare, and Indigenous services with culturally aware, ethical, and accurate AI. By incorporating human governed-in-advance processes and information, lowers the barriers for enterprise AI Agent adoption, making sure organizations gain efficiency without risking reliability and reputation. About Cohere Cohere is the leading data security-focused enterprise AI company. It is a global technology company co-headquartered in Toronto and San Francisco, with key offices in London and New York. The company builds enterprise-grade frontier AI models designed to solve real-world business challenges. Cohere's AI solutions are cloud-agnostic to meet companies wherever their data is stored and offer the highest levels of security, privacy, and customization with on-premises and private cloud deployment options. Learn more at For media inquiries:Charles Dimov, CMO, | +1 (647) 702-1494Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
