Canada

Ford Motor Company announced in June that it is pivoting from its original plan of converting its Oakville facility in Ontario into a leading electric vehicle (EV) hub from 2025 to 2027 because profitability from EV vehicles is not materializing as fast as expected. While the announcement is a blow to Canada’s efforts to accelerate its presence on the leaderboard of zero-emission vehicle manufacturing, the EV value chain sector continues to grow with NGen and its partners announcing a US$ 40 million investment in five projects.

The recent three-day strike at Montreal’s port is now over. This coincided with industrial action at US East Coast and Gulf ports which has now been suspended until January 15 following the announcement of a tentative deal.