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Carney Announces $6.4 Billion Plan for Ontario Steel and Autos

Source: Bloomberg

Fiscal Policy & BudgetTrade Policy & Supply ChainAutomotive & EVInfrastructure & DefenseCommodities & Raw Materials

Prime Minister Mark Carney announced a C$9 billion (US$6.4 billion) partnership with Ontario to support tariff-battered steel and auto industries, plus funding for mining-related infrastructure in the Ring of Fire region. The measures provide targeted support, while the article gives no further details on allocation or timing.

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