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Carney, Ford announce nearly $9B partnership to support steel, auto, critical mineral sectors

Alongside Ontario Premier Doug Ford, Prime Minister Mark Carney announced an $8.7-billion support package for steel, critical mineral and auto sectors on Wednesday.

The partnership with the Ontario government earmarks $2.5 billion over two years for the province’s auto industry to build the “connected and electric vehicles of the future.”

Ottawa is providing $1.5 billion of the auto funding with Ontario providing the remaining $1 billion.

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