Tuesday Ticker: Federal government weighs options on Chinese EV tariffs; PPG reports Q2 financials
Toronto, Ontario — In this weekly economics report, the Canadian government continues tariff talks, with insight from a supply chain expert. Plus, PPG reveals its Q2 2024 financials. Canadian considerations The federal government is currently engaged in conversations on whether to impose tariffs on the import of Chinese-made electric vehicles. The Globe and Mail reported […]
Cross-border Co-operation: Ontario, Michigan sign MOU to strengthen EV supply chain
Toronto, Ontario — The cross-border romance between Ontario and Michigan is official, as the two governments signed a Memorandum of Understanding on Wednesday that is dedicated to a reinforced EV supply chain. Ontario Premier Doug Ford and Michigan Governor Gretchen Whitmer held a virtual ceremony Wednesday to sign the MOU, in which the two governments […]
B-town Boost: Magna International invests $471 million into Brampton EV battery enclosure plant
Brampton, Ontario — Ontario’s automotive manufacturing giant, Magna International, is throwing around big money in the pursuit of an EV battery enclosure plant in Brampton, announcing Wednesday that $471 million has been earmarked for the project. Alongside funding what is projected to be a $265 million building project, Magna’s investment will also go toward creating […]
