London’s unemployment rate jumped by half a percentage point in April as the local economy shed nearly 2,000 jobs and the toll of the U.S.-Canada trade war came into sharper focus.   Statistics Canada reported Friday the jobless rate for the region, which includes St. Thomas, Strathroy and portions of Elgin and Middlesex counties, hit […]

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 […]

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 […]

Trump tariffs poised to hammer Canada’s auto industry could slash the London region automotive workforce by half, as the cost of exports to the U.S. will spike, industry observers say. With more than 20,000 employed in the automotive sector here, about 10,000 jobs may be lost within weeks of tariffs being imposed, they said. That […]

Due to a Wisconsin state law barring privately owned water systems from receiving loan forgiveness, the Superior Water Light & Power Company can’t access the federal loan forgiveness included in […]

The bankruptcy of a Volkswagen partner in electric vehicle battery production will not threaten the automaker’s St. Thomas investment, industry experts say. The development does, however, demonstrate increasing volatility in the EV sector during this high-tariff automotive environment, and the $7-billion PowerCo EV battery plant in Southwestern Ontario may face future delays, they said. Northvolt, […]