The Omoda & Jaecoo Canada launch is confirmed for late 2026, with Chery teasing premium electric SUVs but naming no models, prices or dealers yet.
Counter Tariffs
The Bank of Canada summary of deliberations for the September 2, 2026 rate decision was published September 16 at 13:30 ET, with the policy rate held at 2.25%.
Mark Carney welcomed the EU’s Canada EU associate member proposal in Strasbourg, warned tariffs are being weaponized, and promised a vote in Parliament.
Mark Carney says Canada is ready to resume Canada-U.S. trade talks for the right deal, after the August collapse clarified Ottawa’s red lines.
The Canadian dollar’s third-quarter rally has stalled after trade talks broke down. National Bank of Canada sees USD/CAD near 1.40 before easing to 1.33 by 2027.
The Canadian alcohol import ban takes effect Sept. 29, alongside blocked motorcycles and whey, plus 50% tariffs on mattresses, lamps and motorboats from Sept. 15.
The Canadian dollar held firm near 1.3780 against the greenback as elevated crude prices offset new US restrictions on Canadian vehicle and dairy exports.
Polling on Canada-U.S. trade talks finds 73% of Canadians against difficult concessions, 62% approval for Carney, and a plurality willing to wait for U.S. midterms.
A new “Trump Bump” has pushed the Liberals to a 14-point vote intention lead over the Conservatives, 46% to 32%, as counter-tariffs take effect in Canada.
The Bank of Canada rate hold keeps the overnight rate at 2.25% for a seventh straight decision as tariffs and oil prices lift inflation risk.