A post by @FirstSquawk on X.
CARNEY SAYS CHINA AUTO INVESTMENTS IN CANADA DEPEND ON MANY FACTORS
@FirstSquawk on X
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Canadian Prime Minister Mark Carney said Chinese auto-sector investment in Canada hinges on multiple factors rather than any single condition. The remarks leave the door open to Chinese automakers committing capital to Canadian manufacturing, though no figures, timelines or specific companies were disclosed. The stance matters because Canada has been weighing tariffs on Chinese electric vehicles against the risk of retaliation and lost investment. Investors should watch for follow-up details on tariff policy and any announced Chinese factory or partnership commitments.
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Mark Carney, China, Canada