General Motors plans to assemble a heavy-duty pickup at an Ontario plant as part of a tentative deal with a key union that would pump C$1.1 billion ($791.31 million) into Canada's auto sector as it reels from U.S. tariffs, a union bargaining report said on Saturday.
The investment comes as Canada's auto sector grapples with 25% U.S. tariffs on vehicles, with President Donald Trump pledging to double them to 50% on January 1, 2027. The fate of Canadian auto plants has emerged as a central issue in stalled U.S.-Canada trade negotiations.