Volkswagen has dodged the tariff and trade dispute between Canada and the U.S. and its manufacturing plant being built in St. Thomas will proceed full speed ahead, the city’s economic development boss says. Electric-vehicle batteries made in St. Thomas will be tariff-free under recent changes to the trade policy announced by the U.S., auto industry […]

Get ready for the sticker shock slowdown. The price of Canadian-made vehicles hitting U.S. dealer lots after tariffs are applied will rise between $2,500 and $15,000, depending on the model, says a recent report from a U.S. business consulting group. That price jump may slow sales of vehicles made here, and see automakers cut production […]

The London region’s unemployment rate improved in March as the local economy added 2,200 new jobs, a strong showing that doesn’t yet reflect the impact of the trade war between Canada and the U.S. The region’s jobless rate now sits at 5.9 per cent, down from February’s 6.6 per cent, Statistics Canada reported Friday. Including […]

Tariffs landed with a thud in Ontario’s industrial heartland Thursday, shuttering one major automaker and spreading uncertainty among smaller automotive parts suppliers across the London. The U.S. held to its pledge to punish manufacturers shipping goods south of the border, charging a 25 per cent tariff on automobiles, tariffs on some automotive parts in addition […]

Home sales in the London area plummeted in March, new figures show, deepening a slump that’s now run through the first quarter of 2025. Only 508 homes were sold last month in the London area, which also takes in Strathroy, St. Thomas and portions of Middlesex and Elgin counties, the London and St. Thomas Association […]

London manufacturers fear a “fight” with customers and possible job losses will be the fallout from steel and aluminum tariffs imposed Wednesday on Canadian exports to the U.S. as industry weathered the first day of the latest trade scrap. Businesses buying and selling steel and steel products will be forced to charge customers more as […]