Canada takes decisive action to protect auto industry and workers

October 23, 2025

On October 23, 2025, the Minister of Finance and National Revenue, the Honourable François-Philippe Champagne, and the Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions, the Honourable Mélanie Joly, jointly announced significant reductions to the import quotas of General Motors (GM) and Stellantis.

GM’s decision to reduce their production in Oshawa and in Ingersoll facilities, and Stellantis’ decision to cancel its production plans for the Brampton assembly plant goes against their commitments to Canada and Canadian workers. For these reasons, the government is reducing General Motors’ annual remission quota by 24.2 per cent, and is reducing Stellantis’ annual remission quota by 50 per cent.

Please visit this link for more information: https://www.canada.ca/en/department-finance/news/2025/10/canada-takes-decisive-action-to-protect-auto-industry-and-workers.html

Topic(s)

Hot topics

U.S. Tariffs and Canadian Retaliatory Surtax

Security and Trade Facilitation Programs

International Trade and Border Management

Information source

Finance Canada

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