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Canada to Provide Auto Sector C$2.5 Billion for EV Production

Prime Minister Mark Carney says Canada will provide C$2.5 billion to accelerate electric-vehicle production.

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06:41:55 PM UTC
SquawkNews
By Paul VieiraOTTAWA--Canadian Prime Minister Mark Carney said Wednesday his government would provide billions in financial support to steel and automakers as the domestic sectors face potential job losses fueled by the cross-border trade row.The financial aid totals 7.5 billion Canadian dollars (U…