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, […]

Anthony D Rosborough, Dalhousie University Canada’s economy has long relied on open trade and cross-border supply chains, but as tariff threats and market protectionism rise from the United States under President Donald Trump, so do Canada’s economic vulnerabilities. Although the risk of a trade war between Canada and the U.S. has been given a temporary […]

London’s steel industry fears a tariff trade war between the U.S, and Canada will mean higher prices and dwindling demand for their products. The U.S. government has threatened a 25 per cent tariff on Canadian steel and aluminum imports starting March 12. Canada has promised reciprocal tariffs on steel and aluminum coming here from America. […]

The effects of this week’s winter storm continue to cause closures and cancellations in the area today, Feb. 19. All Municipality of Kincardine rural roads remain closed. Goderich Street from Bruce Avenue to Huronville remains closed. Elgin Market Public School, Kincardine District Senior School, Kincardine Township-Tiverton Public School, and Ripley-Huron Community School are closed. The […]

The London area’s unemployment rate edged up in January despite the region posting strong job gains, new figures show. That marks the third straight month both economic markers have risen – in one case, that’s encouraging; in the other, not so much – for the London region, which also includes St. Thomas, Strathroy and portions […]