🇨🇦 Mark Carney
What did Carney term outrageous this week? Take our business and investing news quiz for the week ending Nov. 13
What happened
Prime Minister Mark Carney called the sale of a car plant in Brampton, Ont. to a defence contractor "completely outrageous". The plant was previously subsidized by the Canadian government. Carney vowed to protect workers and ensure that previous government subsidies are returned.
Why it matters
The sale of the plant has sparked concerns about job security for workers and the potential consequences for the Canadian economy. The Canadian government has a vested interest in ensuring that companies respect their commitments to workers and abide by government agreements. Carney's criticism may signal a government response to the sale.
Key facts
- Carney called the sale "completely outrageous"
- Stellantis is selling a car plant in Brampton, Ont. to a defence contractor
- Carney vowed to protect workers and ensure previous government subsidies are returned
Topics
Publisher evidence used
Reporting attributed to theglobeandmail.com. WorldLeadersNews links readers to the publisher and does not present a headline-only item as a full article analysis.
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