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provincial economyHome
•Business
Business & Economics
74% Informative
Report: Ontario's auto industry could lose thousands of jobs this year due to US trade war.
Report: US tariffs and Canada 's retaliatory measures could cause up to 68,100 job losses in 2025 .
Figure could rise to 119,200 jobs lost in 2026 and 137,900 by 2029 if trade restrictions remain in place.
Among the hardest-hit areas would be Windsor, Guelph , Brantford and the Waterloo Region .
A rollback of tariffs could moderate the damage, but escalation would likely deepen the downturn.
Ontario has historically run trade deficits with the US — averaging $8 billion annually from 2013 to 2024 , with a $4-billion deficit recorded last year .
Frise warned that the auto sector’s struggles could quickly ripple through the broader economy.
VR Score
76
Informative language
74
Neutral language
32
Article tone
formal
Language
English
Language complexity
58
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
2
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