Carney unveils Ontario steel and auto plan amid US tariff tensions

Bloomberg reports Carney unveiled a C$9 billion ($6.4 billion) partnership to support Ontario’s steel and auto industries, alongside funding for mining-related infrastructure in the Ring of Fire. It says he plans to keep federal vehicle emissions standards at 2026 levels through 2029. AP, published by The Economic Times, reports Carney said US tariffs raised costs for American families. The US Embassy accused Canadian politicians of seeking to influence US politics; Carney and Ontario Premier Doug Ford rejected suggestions of improper interference.