Saint-Eustache (Quebec), April 15, 2025: Liberal Leader Mark Carney on Tuesday expressed concern over the chilling effect of U.S. tariffs on investor confidence in Quebec and across Canada. Speaking in both English and French at a campaign event, Carney referred to an unconfirmed report suggesting Honda may relocate some production to the U.S. as a warning sign of the tariffs’ potential consequences.
However, Industry Minister Anita Anand dismissed the report, calling it “unfounded.” She said she had spoken directly with Honda representatives, who clarified that no such move from Canada or Mexico is under consideration. Honda has not issued an official public statement on the matter.
Despite Anand’s reassurance, the rumour dominated the campaign trail conversation as Canada’s auto industry grapples with economic uncertainty from President Donald Trump’s trade war.
Carney used the moment to announce a new benefit aimed at helping workers retrain amid global economic shifts. Meanwhile, Conservative Leader Pierre Poilievre outlined a plan to protect seniors from online scams, and NDP Leader Jagmeet Singh accused the Liberals of abandoning their promise to increase capital gains taxes.
The candidates were campaigning in and around Montreal ahead of the French and English leaders’ debates scheduled for April 16 and 17, respectively.
Carney Flags Investor Concerns Amid Trump Tariff Rumours, Honda Denies Shift from Canada
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