Ottawa, Ontario — Following Tuesday morning's election results, Mark Carney, Leader of Canada's federal Liberal Party, will continue to serve as Prime Minister.
See below for some of Carney's promises for the automotive industry in Canada.
Apprenticeship support up to $8k
During his campaign, Prime Minister Mark Carney pledged to cover up to $8,000 in apprenticeship training costs to help more Canadians enter high-demand skilled trades.
“We will build a stronger Canada by investing directly in our workers,” said Prime Minister Carney. “With better access to skills training, we can create good jobs, strengthen our economy, and stand up to external pressures.”
Carney has also promised to double funding for the Union Training and Innovation Program to $50 million annually, establish a $20 million capital fund for new training spaces at colleges and uphold the Apprenticeship Service program to support employers hiring new apprentices.
His plan includes boosting labour mobility for skilled tradespeople and expanding tax deductions for workers who travel long distances to job sites.
Two billion to counter tariffs
Prime Minister Carney had previously pledged that one of his first major actions in office would be the creation of a $2-billion "strategic response fund" aimed at bolstering Canada's auto industry in the face of escalating U.S. tariffs.
The fund is designed to enhance the sector's competitiveness, protect manufacturing jobs and strengthen Canada's supply chain by reducing dependency on cross-border trade. Prime Minister Carney has also committed to prioritizing the procurement of Canadian-made vehicles.
Additionally, the Prime Minister is focusing on diversifying Canada’s trade relationships, particularly with like-minded partners in Asia, as tensions with China and the U.S. continue to shape global trade dynamics.
No distinct plan for collision repair, refinishing sectors
Based on the Prime Minister's previous advocacies for environmental sustainability, it may be possible that Carney would help steer autobody and automotive trades toward being climate leaders, not just passive responders to regulatory changes.
He could focus on helping the industries acquire the tools, training and financing they need for a smart, profitable transition.
This is a developing story. It is currently unclear whether it will be a majority or minority government.
