Mark Carney
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But I think the government's strategy that we're putting into practice is to... fight against Canadian tariffs, including for the automotive sector, and it is no longer the case that American vehicles could be sold in Canada without a tariff. That already changes. Okay, first thing. Secondly, to protect Canadian workers and
But I think the government's strategy that we're putting into practice is to... fight against Canadian tariffs, including for the automotive sector, and it is no longer the case that American vehicles could be sold in Canada without a tariff. That already changes. Okay, first thing. Secondly, to protect Canadian workers and
But I think the government's strategy that we're putting into practice is to... fight against Canadian tariffs, including for the automotive sector, and it is no longer the case that American vehicles could be sold in Canada without a tariff. That already changes. Okay, first thing. Secondly, to protect Canadian workers and
Canadian companies, including GM in Canada, with favorable financing and other initiatives. There are several. In total, it's about $20 billion. Final point. We are building a new Canadian industry with a strategic response fund.
Canadian companies, including GM in Canada, with favorable financing and other initiatives. There are several. In total, it's about $20 billion. Final point. We are building a new Canadian industry with a strategic response fund.
Canadian companies, including GM in Canada, with favorable financing and other initiatives. There are several. In total, it's about $20 billion. Final point. We are building a new Canadian industry with a strategic response fund.
Thank you for the question. So as you know, Judy, during an election period, what a government can do is more limited, a so-called caretaker period, which does exist now. What we did as a government in anticipation of this to the maximum extent that we could in advance of the election, is have authorization to put in place tariffs, counter tariffs and other counter tariff measures.
Thank you for the question. So as you know, Judy, during an election period, what a government can do is more limited, a so-called caretaker period, which does exist now. What we did as a government in anticipation of this to the maximum extent that we could in advance of the election, is have authorization to put in place tariffs, counter tariffs and other counter tariff measures.
Thank you for the question. So as you know, Judy, during an election period, what a government can do is more limited, a so-called caretaker period, which does exist now. What we did as a government in anticipation of this to the maximum extent that we could in advance of the election, is have authorization to put in place tariffs, counter tariffs and other counter tariff measures.
We are putting it in place. So the cost to American-based manufacturers has changed dramatically with the tariffs that we have put in place. We do that with regret in the sense of we're responding to unjustified illegal and misguided tariffs in the United States.
We are putting it in place. So the cost to American-based manufacturers has changed dramatically with the tariffs that we have put in place. We do that with regret in the sense of we're responding to unjustified illegal and misguided tariffs in the United States.
We are putting it in place. So the cost to American-based manufacturers has changed dramatically with the tariffs that we have put in place. We do that with regret in the sense of we're responding to unjustified illegal and misguided tariffs in the United States.
Vehicle production in the United States, vehicle purchases in the United States, economic activity in the United States, jobs in the auto sector in the United States, all of those are going to go down. They are going to go down. The US is harming themselves with these tariffs.
Vehicle production in the United States, vehicle purchases in the United States, economic activity in the United States, jobs in the auto sector in the United States, all of those are going to go down. They are going to go down. The US is harming themselves with these tariffs.
Vehicle production in the United States, vehicle purchases in the United States, economic activity in the United States, jobs in the auto sector in the United States, all of those are going to go down. They are going to go down. The US is harming themselves with these tariffs.
It takes some time for that to filter through, just like it took some time for the impacts of Brexit to filter through to the UK economy. But I have seen this movie before. I know exactly what's going to happen. This is what's going to happen to them. The Americans are going to get weaker. We are going to stand by our workers. We are standing by our companies.
It takes some time for that to filter through, just like it took some time for the impacts of Brexit to filter through to the UK economy. But I have seen this movie before. I know exactly what's going to happen. This is what's going to happen to them. The Americans are going to get weaker. We are going to stand by our workers. We are standing by our companies.
It takes some time for that to filter through, just like it took some time for the impacts of Brexit to filter through to the UK economy. But I have seen this movie before. I know exactly what's going to happen. This is what's going to happen to them. The Americans are going to get weaker. We are going to stand by our workers. We are standing by our companies.
We are building new trade relationships. We are going to stay strong and get stronger.
We are building new trade relationships. We are going to stay strong and get stronger.