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The automaker is stopping the assembly line that made BrightDrop vans in Ontario. Its future was in doubt after GM announced in April it would halt production for months because of weak demand.

Prime Minister Mark Carney said Canada is in “intensive negotiations” with the U.S. and that he expects to see President Donald Trump at the APEC summit in Gyeongju, South Korea, next week. 

Truck imports that qualify for relief under the U.S.-Canada-Mexico trade agreement will be exempt from the charges, but not buses, according to the fact sheet.

Bank of Canada Governor Tiff Macklem said he sees the Canadian labor market as “soft” despite recent data that showed the country added 60,400 jobs in September.

Stellantis declined to comment on conversations with the government. It has confirmed it’s adding a third shift at an Ontario facility and described Canada as “very important” to its plans.

GM agreed in 2022 to buy nickel supplies from Brazilian miner Vale as part of a strategy to build up its battery supply chain for EVs, but the pause has meant cancellation of the project. 

Industry Minister Melanie Joly would consider Stellantis in “default” in light of federal and provincial government support extended to the automaker.

Trump’s tariffs have cast a chill over the Canadian automotive sector, but have also affected U.S.-based companies.

Canadian Prime Minister Mark Carney pitched deeper cooperation with the U.S. on energy, including a possible revival of the Keystone XL pipeline, in his meeting with President Donald Trump.

As Roustan Hockey faces a trade war launched by President Donald Trump, the disruption underscores the broader turmoil that’s left the Canadian economy reeling.