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Carney promises C$2 bln fund to boost Canadian auto industry

ReutersMar 26, 2025 1:37 PM

- Canadian Prime Minister Mark Carney on Wednesday said if the ruling Liberals won an April 28 election, his government would create a C$2 billion ($1.40 billion) fund to boost the auto sector's competitiveness.

Carney, speaking to a televised press conference in Windsor, Ontario, also said his government would work with industry to build more car parts in Canada and limit the number of parts that cross the border with the United States during production.

($1 = 1.4261 Canadian dollars)

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