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Ford Seeks Carney's Expertise to Protect Ontario Auto Industry

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  Published in Automotive and Transportation on Thursday, January 8th 2026 at 15:16 GMT by The Globe and Mail
      Locales: CANADA, CHINA

TORONTO, ON - January 8th, 2026 - Ontario Premier Doug Ford is proactively engaging high-level expertise to safeguard the province's crucial automotive industry, facing a dual challenge of potential tariffs from the United States and increasing competition from Chinese electric vehicle (EV) manufacturers. This week, Premier Ford met with former Bank of Canada and Bank of England governor Mark Carney to discuss strategies for bolstering Ontario's position within the North American auto supply chain.

The meeting signals a growing concern within the Ford government regarding the future of auto production in the province. Ontario, historically a manufacturing heartland, is determined to remain a leader as the industry undergoes a rapid transformation toward electric vehicles. However, the looming threat of tariffs proposed by the Biden administration on imported EVs has cast a shadow over this ambition. These tariffs, designed to bolster domestic American manufacturing, could severely disrupt the highly integrated Canada-U.S. auto supply chain, potentially leading to significant job losses in Ontario.

Sources close to the discussions indicate that Premier Ford is particularly anxious about the cascading effects of U.S. tariffs. While ostensibly aimed at protecting American jobs, such measures could incentivize automakers to shift production south of the border, leaving Ontario's plants vulnerable. The intricate web of cross-border parts and vehicle assembly makes disentangling the supply chain a costly and complex undertaking.

Carney, now Vice-Chairman of Brookfield Asset Management, brings a wealth of experience in both financial and international affairs to the table. His understanding of global economic dynamics and trade negotiations is considered invaluable, making him a sought-after advisor within governmental circles. The Premier is reportedly leveraging Carney's expertise to explore potential mitigation strategies and identify opportunities to attract further investment in Ontario's EV sector.

The conversation also centered on the growing influence of China in the global automotive market, particularly in the EV space. Chinese manufacturers are rapidly innovating and gaining market share, posing a competitive threat to both North American and European automakers. Ontario is keen to avoid becoming overly reliant on Chinese components or technology, while simultaneously recognizing the need to engage with the world's largest automotive market.

Federal officials are concurrently addressing the U.S. tariff issue, asserting that the proposed levies would constitute a violation of the Canada-United States-Mexico Agreement (CUSMA). Ottawa has issued a strong warning to Washington, signaling a willingness to retaliate if the tariffs are implemented. However, Premier Ford's outreach to Carney suggests a parallel effort to develop proactive solutions beyond simply countering U.S. policies.

Analysts predict that a multi-pronged approach is necessary. This includes diversifying export markets, fostering innovation in EV technology, and attracting skilled labor to support the growing EV industry. Furthermore, bolstering collaboration with the federal government and other provinces will be crucial in presenting a unified front to the U.S. administration. Some experts suggest exploring alternative trade agreements or seeking exemptions from the tariffs for specific Ontario-made components or vehicles.

The situation highlights the delicate balance Canada must strike between maintaining a strong relationship with its largest trading partner, protecting its domestic industries, and navigating the complexities of a rapidly changing global landscape. Premier Ford's decision to consult with Mark Carney underscores the gravity of the challenges ahead and the importance of strategic planning in securing the future of Ontario's automotive sector. The coming months will be critical as both Ottawa and Queen's Park work to safeguard jobs and maintain the province's position as a North American auto manufacturing leader.