Canada Pledges $764 Million for Auto Sector in Wake of TPP Deal – Wall Street Journal

Posted: Tuesday, October 06, 2015

OTTAWA—Canadian Prime Minister Stephen Harper on Tuesday said his government would invest 1 billion Canadian dollars (about $764 million) in the country’s auto industry over a decade, moving to address worries about the impact a landmark Pacific trade deal could have on the sector.

The Trans-Pacific Partnership, struck Monday, would give Canadian exporters greater access to several fast-growing Pacific-rim economies for products including machinery, beef and pork, grains and forest products, Mr. Harper said on Monday,…

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