Carney to announce plan to transform Canada's auto sector

Prime Minister Mark Carney is expected to unveil a federal strategy to transform Canada's automobile manufacturing sector, and government and industry sources told The Canadian Press the plan would scrap the electric vehicle sales mandate in favour of new vehicle emissions standards.

Prime Minister Mark Carney is in the Greater Toronto Area to unveil a federal strategy described as measures to transform Canada's automobile manufacturing sector. The announcement is scheduled for Thursday and is presented as new measures for the future of auto manufacturing. Government and industry sources told The Canadian Press the strategy will scrap the electric vehicle sales mandate in favour of new vehicle emissions standards. The sector is also reported to be facing 25 per cent U.S. tariffs and threats of further tariffs linked to a trade dispute. Reported details: - Prime Minister Mark Carney is expected to announce a federal strategy for Canada's auto manufacturing sector. - Government and industry sources told The Canadian Press the plan would replace the electric vehicle sales mandate with new vehicle emissions standards. - The sector is reported to be subject to 25 per cent U.S. tariffs and to threats of additional tariffs related to a trade dispute. Summary: The announcement is reported as a change in the federal approach to auto policy. Exact policy details and implementation timelines were not provided publicly ahead of the announcement. Undetermined at this time.