News from
Canadas auto sector weighs difficult new reality under Trumps tariffs - National | Globalnews.ca
2025-05-05 04:45:04| Spiritual Career Counseling
Its been about one week since the tariffs imposed by U.S. President Donald Trump on the North American auto sector took effect and those within the Canadian industry say so far, confusion is whats most prominent.The 25 per cent tariffs went into effect April 3, putting a duty on all foreign-made vehicles entering the U.S., though automakers compliant with the terms of the Canada-U.S.-Mexico Agreement (CUSMA) can deduct the value of U.S. content.Canada also imposed its own duty of 25 per cent on U.S.-assembled vehicles, though it too will allow importers to deduct the value of Canadian and Mexican content under CUSMA.So what were seeing immediately in terms of reaction is companies are taking a moment to just try and understand what the lay of the land is, what exactly the rules are, and then figure out what the path forward is for future exports into the United States, said Brian Kingston, president and CEO of the Canadian Vehicle Manufacturers Association (CVMA).Story continues b...
Category:
Employment
LATEST NEWS
What to look for in Mays local elections: Tories on defensive and Reform hoping for gains
2025-05-05 02:45:04| Spiritual Career Counseling
The English local council elections on 1 May are a big test for the three parties almost tied in the national polls: Labour, Reform and the Conservatives. The Liberal Democrats will also be hoping to do well in areas where they are strong and have a big aim of displacing the Tories as the second largest party in local government.As the polls suggest, the contest is wide open. The Conservatives are in the worst position as they are defending the most seats in more than 900 wards, which they won at the high-water mark of Boris Johnsons popularity in 2021. Of the 23 authorities holding elections, 19 are controlled by the Conservatives and just one by Labour, with the others under no overall control. There are about 1,600 seats up for grabs and six mayoralties.Labour will be hoping to take many of these seats in the first big post-election indicator of how it is doing in government. The party is narrowly ahead in many opinion surveys, but governing parties can find local elections challen...
Category:
Employment
Australia does not have enough tradies to fulfill Labors housing promise, experts say
2025-05-05 02:45:04| Spiritual Career Counseling
Australia does not have enough construction workers and other tradies to meet election pitches to boost housing supply, experts say, casting doubt over the major parties pledges to address housing affordability.Anthony Albanese and Peter Dutton announced their competing housing plans this week, with both major parties seeking to increase the number of new home builds above the current annual rate of about 170,000.The Labor government nominated a target of 250,000 completed homes a year for the next four years, while the Coalition was yet to commit to a target. Sign up for the Afternoon Update: Election 2025 email newsletterBut Labors goal cannot be reached given the low number of skilled tradespeople in the construction workforce, according to Tim Reardon, the chief economist at the Housing Industry Association.We dont have enough people, he said.Home ownership is slipping out of reach for many Australians. Will the major parties promises make a difference? | Brendan CoatesRead m...
Category:
Employment