Business London Free Press

Donald Trump tariff threatens Volkswagen’s $7B St. Thomas plans: Trade expert

8 min read

Southwestern Ontario may lose a $7-billion investment and the 3,000 jobs that come with it if Canadian industry is hit with a 25 per cent tariff from U.S. president-elect Donald Trump, one trade expert says. Volkswagen, now building an electric vehicle battery plant in St. Thomas, may be forced to reconsider the investment, and relocate […]

London Free Press

The city enjoyed a 3.2 per cent spike in the value of goods made here, called gross domestic product or GDP, in 2023. However, inflation and interest rates have taken hold to slow that to 1.7 per cent

7 min read

London’s once hot economy remains “healthy” although it slowed this year to a steady pace that is expected to continue through 2025, says an economic report released Thursday. London enjoyed a 3.2 per cent increase in the value of goods made here, called gross domestic product or GDP, in 2023. However, higher inflation and interest […]