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Canadian Prime Minister Justin Trudeau has announced several support measures for Ukraine, including military, economic and humanitarian assistance, while also pledging an additional show of diplomatic backing through steps intended to punish Russia over the war. Canada will provide Ukraine with 50 armored vehicles, including armored medical evacuation vehicles built in London, Ontario. The multiyear support also will include a financial contribution to a U.K.-led consortium delivering air defense equipment to Ukraine, Trudeau said. Canada’s monetary support will continue into the 2024 fiscal year, while the governments also have signed a free trade agreement, Trudeau said. “We stand here absolutely united in our defense of democracy and our condemnation of (Russian President) Vladimir Putin’s unprovoked, unjustified and unconscionable invasion of Ukraine,” Trudeau said.

Persons: Justin Trudeau, “ We’re, ” Trudeau, Volodymyr Zelenskyy, Zelenskyy, Joe Biden, Trudeau, Vladimir Putin’s Organizations: Canadian, Ukrainian, Ottawa, U.S, General, Russian Central Bank, Leopard Locations: Ukraine, Russia, Ottawa, Washington, Canada, London , Ontario, russia, ukraine

New York CNN —The United Auto Workers union is expanding its strike against GM and Stellantis but said that progress in negotiations with Ford means it won’t expand the number of Ford workers on the picket lines. “At noon Eastern today, all parts distributions centers at General Motors and Stellantis will be on strike,” he said. Still the announcement of progress at Ford raised hopes that the strike, at least at there, could be brought to a relatively quick end. But the UAW’s expanded strike is now targeting the parts distribution centers for GM and Stellantis. As of 10:30 am ET, Stellantis (STLA) is up 0.98%; Ford (F) is up 3.57%; and GM (GM) is up 0.7%.

Persons: Shawn Fain, ”, “, Fain, “ Ford, ” Ford, Ford, Bill Pugliano, ” Shawn Fain, Tesla Organizations: New, New York CNN, United Auto Workers, GM, Ford, UAW, General Motors, Ford Michigan Assembly Plant, Stellantis, Jeep, Dodge, Chrysler, Big, Facebook, UAW International Union Locations: New York, Wayne , Michigan, Wentzville , Missouri, Toledo –, North America, Virginia, California, America, Auburn Hills , Michigan

☆ Ethereum founder Vitalik Buterin travels the globe to keep crypto alive as the U.S. cracks down
▼ + stars: | 2023-09-22 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +17 min

Today, the biggest challenge for Buterin and the ethereum community is making sure that it provides actual value to people. Buterin was named the world's youngest crypto billionaire at age 27 as the crypto market swelled to its peak in 2021. And he isn't, according to his own estimation, the be-all and end-all authority on the ethereum network. About the ethereum network, he says, "On the other hand, you've got your laptop. In terms of what's next for ethereum — Buterin says a big priority is focusing on privacy and scalability through zero-knowledge rollups.

Persons: Vitalik Buterin, Buterin, coder, doesn't, Czech Republic Pavel Sinagl, that's, clasped, Buterin wasn't, cryptocurrencies, Sam Bankman, Luna, they're, Dmitry, Vitalik, Dmitry Buterin, ethereum blockchains, you've, Satoshi Nakamoto, ethereum, — Buterin Organizations: CNBC PRAGUE, CNBC, Canadian, U.S . Tornado, Buterin, U.S, Securities and Exchange Commission, SEC, CFTC, People's Bank of China, tinker, Ethereum, Ethereum Foundation Locations: Prague, Russia, Czech Republic, Ukraine, Netherlands, Paralelní Polis, Holešovice, China, U.S, Africa, Argentina, Buenos Aires, San Francisco, CBDCs, Moscow, ethereum, Denver, Paris

"It would be important that India work with the Canadians on this investigation. Traditional Canadian allies, including the United States, appeared to take a cautious approach to the matter earlier this week. Political analysts said this was partly because the United States and other major players see India as a counterweight to the growing influence of China. REUTERS/Blair Gable/File Photo Acquire Licensing Rights"We are there to work constructively with India. "Canada has shared the credible allegations that I talked about on Monday with India.

Persons: Justin Trudeau, Hardeep Singh, Trudeau, Antony Blinken, Blinken, Blair Gable, Kanishka Singh, Steve Scherer, David Ljunggren, Daniel Wallis, David Gregorio Our Organizations: United, Ottawa, U.S, Canada's, REUTERS, Canadian, CBC News, CBC, Senior, Thomson Locations: WASHINGTON, OTTAWA, United States, Canada, Delhi, New Delhi, India, China, Ottawa , Ontario, Australia, New Zealand, Washington, Ottawa

☆ Ukraine war live updates: U.S. tanks to arrive in Ukraine next week; Zelenskyy heads to Canada to ask for further aid
▼ + stars: | 2023-09-22 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: 1 min

U.S. Abrams tanks will arrive in Ukraine next week, President Joe Biden said Thursday, and Ukrainian President Volodymyr Zelenskyy plans to address the Canadian Parliament in the next leg of his North American trip. In January, the U.S. said it would send 31 M1A1 tanks to Ukraine, which amounts to one entire Ukrainian tank battalion. Zelenskyy is expected to ask Prime Minister Justin Trudeau, a staunch ally of Ukraine, for further aid, while Biden hopes to provide a further $24 billion in aid, despite opposition from some Senate members.

Persons: Abrams, Joe Biden, Volodymyr Zelenskyy, Justin Trudeau, Biden Locations: Ukraine, U.S, Ukrainian

India has vehemently denied the claims, calling them “absurd and motivated.” Bagchi said Canada has provided “no specific information” to support the allegations. Over the years, violent clashes have erupted between followers of the movement and the Indian government, claiming many lives. In counterinsurgency operations, Indian security forces arbitrarily detained, tortured, executed, and “disappeared” tens of thousands of Sikhs, the rights group said. The Khalistan movement nowThere is no insurgency in Punjab today and analysts say supporters of the Khalistan movement remain very much on the margins in India. Nijjar’s death shocked and outraged many within the Sikh community in Canada, which has more than 770,000 members and is one of the largest outside India.

Persons: Arindam Bagchi, India’s, Bagchi, Justin Trudeau, Hardeep Singh Nijjar, ” Bagchi, Nijjar, “, Indira Gandhi, Gandhi Organizations: New, New Delhi CNN, ”, that’s, Canadian, India’s Ministry of Information, Broadcasting, India’s, Indian National Investigation Agency, Khalistan, Human Rights Watch, Air Locations: New Delhi, India, Canada, Delhi, Surrey, British Columbia, India’s Punjab, Punjab, Pakistan, Air India, Toronto, Britain, Australia

☆ Biden raised issue of Canadian Sikh's murder with Modi at G20 -FT
▼ + stars: | 2023-09-22 | by ( ) www.reuters.com time to read: +2 min

U.S. President Joe Biden and Indian Prime Minister Narendra Modi attend Partnership for Global Infrastructure and Investment event on the day of the G20 summit in New Delhi, India, September 9, 2023. The White House did not immediately respond to a request for comment on the FT report. The summit was held in India days before Prime Minister Justin Trudeau made his allegations public in an address to the Canadian parliament earlier this week. The leaders intervened at the G20 summit after Canada urged its allies to raise the case directly with Modi, the newspaper reported. Reporting by Kanishka Singh and Akanksha Khushi; editing by Sandra Maler and Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden, Narendra Modi, Evelyn Hockstein, New Zealand —, Hardeep Singh Nijjar, Modi, Justin Trudeau, Jake Sullivan, Kanishka Singh, Akanksha, Sandra Maler, Leslie Adler Organizations: Indian, Partnership, Global Infrastructure, REUTERS, Financial Times, Thomson Locations: New Delhi, India, Canada, Australia, New Zealand, British Columbia, Washington, Ottawa, China, Asia Pacific

Ukraine President Volodymyr Zelenskiy listens during an event to thank Americans for their support of Ukraine in the war with Russia, at the National Archives in Washington, U.S., September 21, 2023. REUTERS/Evelyn Hockstein/file photo Acquire Licensing RightsOTTAWA, Sept 22 (Reuters) - Ukrainian President Volodymyr Zelenskiy on Friday makes his first visit to close ally Canada, where he is guaranteed a warmer welcome than he received from some U.S. politicians skeptical about providing more military aid. Zelenskiy is due to address parliament in Ottawa and then hold a news conference with Trudeau. "If friends of Ukraine want Ukraine to win the war, then the only way that happens is with renewed and more military support." There are 1.4 million people of Ukrainian descent in Canada, the third most after Ukraine and Russia.

Persons: Volodymyr Zelenskiy, Evelyn Hockstein, Kyiv's, Justin Trudeau, Zelenskiy, Trudeau, Ihor Michalchyshyn, David Perry, David Ljunggren, Deepa Babington Organizations: National Archives, REUTERS, Rights, Ukrainian Canadian Congress, NATO, Canadian, Ottawa, Canadian Global Affairs Institute, Thomson Locations: Ukraine, Russia, Washington , U.S, Canada, New York, Ottawa, In Washington, United States, Germany

☆ India Suspends Visas for Canadians as Rift Over Extrajudicial Killing Deepens
▼ + stars: | 2023-09-21 | by ( Tripti Lahiri | Rajesh Roy | ) www.wsj.com time to read: 1 min

Canadian Prime Minister Justin Trudeau said Monday authorities are investigating “credible allegations” that the Indian government was involved in the killing of a Sikh independence leader living in Canada. India’s foreign ministry rejected the allegations. Photo: Ethan Cairns/The Canadian Press/APIndia suspended visas for Canadian nationals and Canada said it was adjusting its diplomatic presence in the country, as ties between the two countries sank to a fresh low in the wake of allegations by Prime Minister Justin Trudeau that India was potentially involved in the killing of a Sikh separatist in Canada.

Persons: Justin Trudeau, Ethan Cairns Organizations: Canadian, Canadian Press, AP Locations: Canada, AP India, India

☆ India Suspends Visas for Canadians as Rift Over Killing Deepens
▼ + stars: | 2023-09-21 | by ( Tripti Lahiri | Rajesh Roy | ) www.wsj.com time to read: 1 min

Canadian Prime Minister Justin Trudeau said Monday authorities are investigating “credible allegations” that the Indian government was involved in the killing of a Sikh independence leader living in Canada. India’s foreign ministry rejected the allegations. Photo: Ethan Cairns/The Canadian Press/APIndia suspended visas for Canadian nationals and Canada said it was adjusting its diplomatic presence in the country, as ties between the two countries sank to a low in the wake of allegations by Prime Minister Justin Trudeau that India was potentially involved in the killing of a Sikh separatist in Canada.

Persons: Justin Trudeau, Ethan Cairns Organizations: Canadian, Canadian Press, AP Locations: Canada, AP India, India

☆ India suspends visa services for Canadians as stand-off escalates
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +4 min

A security personnel stands guard outside the Canadian High-Commision in New Delhi, India, September 19, 2023. REUTERS/Adnan Abidi/File Photo Acquire Licensing RightsNEW DELHI, Sept 21 (Reuters) - India on Thursday suspended visa services for Canadian citizens, a foreign ministry spokesperson said, citing security threats to its staff in its consulates in Canada. BLS International(BLSN.NS), an Indian company offering visa facilities, said the notice from the Indian mission in Canada cited "operational reasons" for suspension of visa services "till further notice". Canadian officials have so far declined to say why they believe India could be linked to Nijjar's murder. Industry estimates show the Comprehensive Economic Partnership Agreement (CEPA) between Canada and India could boost two-way trade by as much as $6.5 billion.

Persons: Adnan Abidi, Narendra Modi's, Justin Trudeau, Hardeep Singh Nijjar, Dominic LeBlanc, Sakshi Dayal, Shivam Patel, Rupam Jain, Krishn Kaushik, Shri Navaratnam, Tomasz Janowski Organizations: Canadian, REUTERS, BLS, Global Affairs Canada, Canadian Bureau of International Education, Industry, Thomson Locations: New Delhi, India, DELHI, Canada, Ottawa, British Columbia, Punjab

The Canadian central bank had expected productivity, or output per hour worked, to improve as the economy recovered from the COVID-19 pandemic. Instead, it has fallen in eleven of the last 12 quarters, taking it back to its 2016 level. It also stands to add to unit labor costs, a key measure of inflation pressures coming from higher wages. "Our own forecast is that productivity growth will turn around, but that is a risk to the outlook and if productivity growth continues declining it will make it more difficult to get inflation back to target," Macklem said. The central bank has forecast that inflation will return to its 2% target in the middle of 2025.

Persons: Macklem, Derek Holt, tightens, Holt, Dennis Darby, Doug Porter, Fergal Smith, Steve Scherer, Deepa Babington Organizations: Bank of Canada, Reuters Graphics Reuters, BoC, Scotiabank, Federal Reserve, Canadian Manufacturers, Fraser Institute, BMO Capital Markets, Thomson Locations: Canadian, Canada, freefall, United States, Toronto, Ottawa

☆ Biden Raised Issue of Canadian Sikh's Murder With Modi at G20 -FT
▼ + stars: | 2023-09-21 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +2 min

(Reuters) - U.S. President Joe Biden and other leaders expressed concern to Indian Prime Minister Narendra Modi at the G20 summit this month about Canadian claims that New Delhi was involved in the murder of a Sikh separatist leader in Canada, the Financial Times reported on Thursday. The White House did not immediately respond to a request for comment on the FT report. The summit was held in India days before Prime Minister Justin Trudeau made his allegations public in an address to the Canadian parliament earlier this week. The leaders intervened at the G20 summit after Canada urged its allies to raise the case directly with Modi, the newspaper reported. India on Thursday suspended new visas for Canadians and asked Ottawa to reduce its diplomatic presence in the country.

Persons: Joe Biden, Narendra Modi, New Zealand —, Hardeep Singh Nijjar, Modi, Justin Trudeau, Jake Sullivan, Kanishka Singh, Akanksha, Sandra Maler, Leslie Adler Organizations: Reuters, Indian, Financial Times Locations: New Delhi, Canada, Australia, New Zealand, British Columbia, India, Washington, Ottawa, China, Asia Pacific

☆ India suspends visa services in Canada as diplomatic crisis escalates
▼ + stars: | 2023-09-21 | by ( Clement Tan | ) www.cnbc.com time to read: +1 min

India tourist visa is seen in a passport in Brampton, Ontario, Canada, on March 17, 2022. India suspended visa applications in Canada on Thursday, escalating the festering diplomatic crisis between the two countries. The recent feud was sparked by the Canadian government's announcement of "credible allegations" the Indian government orchestrated the extra-judicial slaying of a Sikh separatist in Canada. The move will curtail India travel for Canada-based applicants and follows a travel advisory urging Indian nationals to "exercise utmost caution" while traveling in Canada and a reciprocal expulsion of senior diplomats. India's Ministry of External Affairs and Canada's High Commission in India were not immediately available to respond to CNBC requests for comment.

Persons: Justin Trudeau's Organizations: Canadian, BLS International, India's, External Affairs, CNBC Locations: India, Brampton , Ontario, Canada, New Delhi, Ottawa

☆ Canada, Japan agree to work more closely on battery supply chains
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +1 min

OTTAWA, Sept 21 (Reuters) - Canada and Japan on Thursday agreed to work more closely together to establishing sustainable and reliable global battery supply chains, the Canadian government said in a statement. The two sides signed a memorandum of cooperation on the supply chains during a visit by Japanese Industry Minister Yasutoshi Nishimura, it said, but gave no details. Canada, home to a large mining sector for minerals such as lithium, nickel and cobalt, wants to woo firms involved in all levels of the electric vehicle (EV) supply chain via a multibillion-dollar green technology. "As worldwide demand shifts increasingly towards cleaner forms of energy, Canada's critical minerals resources and battery supply chains will play a vital role in how we get there," said Natural Resources Minister Jonathan Wilkinson. Reporting by David Ljunggren; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

Persons: Yasutoshi Nishimura, Jonathan Wilkinson, David Ljunggren, Chizu Organizations: Japanese Industry, Natural, EV, Thomson Locations: OTTAWA, Canada, Japan, Quebec

☆ An asteroid sample is about to land on Earth. Here’s what to expect
▼ + stars: | 2023-09-21 | by ( Ashley Strickland | ) edition.cnn.com time to read: +8 min

CNN —When the OSIRIS-REx spacecraft swings by Earth on Sunday, it is expected to deliver a rare cosmic gift: a pristine sample collected from the near-Earth asteroid Bennu. After releasing the capsule, OSIRIS-REx will continue on its tour of the solar system to capture a detailed look at a different asteroid named Apophis. Returning NASA’s first asteroid sample collected in space to Earth has been years in the making. An illustration depicts the OSIRIS-REx spacecraft as it descended toward the rocky surface of asteroid Bennu. If the spacecraft’s trajectory is on track, the sample capsule is expected to release from OSIRIS-REx 63,000 miles (102,000 kilometers) from Earth on early Sunday.

Persons: REx, Keegan Barber, Bennu, Lockheed Martin, Sandra Freund, OSIRIS, NASA’s, Johnson, ”, Dante Lauretta Organizations: CNN, NASA, Department of Defense's Utah, Goddard, University of Arizona, TAG, Apollo, Lockheed, Lockheed Martin Space, Defense Department’s Utah, NASA’s Johnson Space Center, Johnson Space Center, Canadian Space Agency, Japanese Aerospace Exploration Agency Locations: Utah, Cape Canaveral, Bennu, Houston, Tucson

☆ Exclusive: India's JSW Steel slows process to buy stake in Canada Teck coal unit, source says
▼ + stars: | 2023-09-21 | by ( Neha Arora | ) www.reuters.com time to read: +3 min

The source said discussions between JSW Steel - India's largest steelmaker by capacity - and Teck over the stake sale had slowed down, although work on the paperwork continued. JSW Steel declined to comment. "We do not comment on market rumours or speculation," Teck Resources said in an emailed response to Reuters queries. JSW steel is one of the largest customers of Teck's coal business. For India, Canada is the fourth-largest exporter of coking coal used in the steel business, according to Indian government data.

Persons: Chris Helgren, Teck, JSW Steel, JSW, Glencore, Neha Arora, Divya Rajagopal, Clara Denina, Emelia Sithole, Mark Porter Organizations: Teck Resources, Developers Association of Canada, REUTERS, JSW Steel, Ottawa, British Columbia, JSW, Reuters, Investment, Standard Chartered, Deutsche Bank, Japan's Nippon Steel, Thomson Locations: Teck, Toronto , Ontario, Canada, DELHI, India, New Delhi, Canadian, British, Vancouver, Australia, Russia, United States, Toronto, London

☆ Exclusive: India's JSW Steel slows process to buy stake in Canada Teck coal unit -source
▼ + stars: | 2023-09-21 | by ( Neha Arora | ) www.reuters.com time to read: +3 min

☆ Leaving Canada Pension Plan could save Albertans billions, says study
▼ + stars: | 2023-09-21 | by ( Maiya Keidan | ) www.reuters.com time to read: +4 min

"I believe that an Alberta pension plan would be fairer," Premier Danielle Smith told a news conference on Thursday. However, he noted the pension respects the right of Albertans to consider withdrawing from the Canada Pension Plan. Albertans will have until spring 2024 to submit views on a provincial pension plan to a panel, which will submit a report to the Albertan government. Former Premier Jason Kenney announced in June 2020 that his government would study a recommendation from a panel to replace the CPP with a provincial plan. Any province has the right to withdraw under the Canada Pension Plan Act but written notice is required, enabling legislation has to be passed and the value of assets to be transferred must be negotiated.

Persons: Danielle Smith, Todd Korol, LifeWorks, Smith, Michel Leduc, Albertans, Chrystia Freeland, Premier Jason Kenney, Maiya Keidan, Steve Scherer, Barbara Lewis, Josie Kao Organizations: United Conservative Party, REUTERS, Rights, Canada, Global, Public Affairs, Communications, Investments, Plan . Finance, Premier, CPP, Investment Board, Thomson Locations: Calgary , Alberta, Canada, Canadian, Alberta, Ottawa, Province of Alberta, Quebec

☆ India Stops New Visas for Canadians, Asks Ottawa to Downsize Missions as Spat Worsens
▼ + stars: | 2023-09-21 | by ( Sept. | At A.M. | ) www.usnews.com time to read: +5 min

A blanket suspension of new visas by India for a Western country is unheard of and marks the lowest point of India-Canada relations. But Indian foreign ministry spokesperson Arindam Bagchi said Ottawa had been asked to reduce numbers at its diplomatic missions in India to bring parity between the missions of the two countries. Bagchi said India suspended issuing new visas to Canadian citizens due to "security threats" to its staff in its consulates in Canada. "You are aware of the security threats being faced by our high commission and consulates in Canada. Industry estimates show the Comprehensive Economic Partnership Agreement (CEPA) between Canada and India could boost two-way trade by as much as $6.5 billion.

Persons: Krishn Kaushik, Rupam Jain, Rajesh NEW DELHI, Justin Trudeau's, Trudeau, Arindam Bagchi, Bagchi, Dominic LeBlanc, Hardeep Singh Nijjar, Narendra Modi's, Sakshi Dayal, Shivam Patel, YP Rajesh, Alex Richardson Organizations: Rajesh NEW, Industry, YP Locations: India, Ottawa, New Delhi, Canada, Delhi, British Columbia, United States, Britain, Australia, New Zealand, Washington, London, Canberra, Punjab

But none have stepped up to condemn India for its alleged involvement in the June slaying on Canadian soil of a Sikh separatist, Hardeep Singh Nijjar. All that makes it hard for Canada's main allies — which are also some of India's main partners — to loudly speak out. The government’s allegations are particularly awkward now for the U.K., which is seeking a free trade deal with India. In 2018, for example, China-Canada relations nosedived after China detained former Canadian diplomat Michael Kovrig and Canadian entrepreneur Michael Spavor. Now the stakes are higher, and it's unclear — at least publicly — who Canada can count on for full-throated support.

Persons: Justin Trudeau, —, They’ve, Hardeep Singh, Janice Stein, Sushant Singh, ”, Trudeau, India ramped, — Trudeau, Rishi Sunak’s, Max Blain, ” Trudeau, Sunak, Joe Biden, Mélanie Joly, John Kirby, “, Kirby, Biden, Robert Bothwell, Narendra Modi's, Putin, Vladimir Putin, Nijjar, Michael Kovrig, Michael Spavor, Meng Wanzhou, Meng, Donald Trump, Trump, Bothwell Organizations: TORONTO, Canadian, Munk School of Global Affairs, Policy Research, Canada, Canada’s The Globe, Mail, British, Canadian Foreign, White House, University of Toronto, Indian, Nijjar, White, Huawei, U.S, “ Locations: India, U.S, Britain, Australia, New Zealand, China, Japan, Germany, Toronto, New Delhi, West, Vancouver, Canada, Indian, Canadian, Canada’s The, South Asia, Pacific, Ottawa, Washington, Russia, Surrey, Saudi, Saudi Arabia, “, British

☆ Indian company removes notice about visa service suspension for Canadians
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +2 min

NEW DELHI, Sept 21 (Reuters) - An Indian company on Thursday withdrew a notice about suspension of visa services for Canadian citizens, minutes after stating on its website that the services were suspended following a notice from the Indian mission. BLS International, an Indian company offering visa facilities, had earlier said the notice from the Indian mission in Canada cited "operational reasons" for suspension of visa services "till further notice". Prime Minister Narendra Modi's government categorically rejected Canada's suspicions that Indian agents had links to the alleged murder. With both nations expelling diplomats, analysts said India and Canada diplomatic ties have touched their lowest point. Since 2018, India has been the largest source country for international students in Canada.

Persons: Narendra Modi's, Sakshi Dayal, Sudipto Ganguly, Michael Perry Organizations: BLS International, Canadian Bureau of International Education, Industry, Thomson Locations: DELHI, Indian, Canada, British Columbia, India

Talks continued between union representatives and company management on the sixth day of a coordinated walkout, a day after Ford (F.N) averted a strike by Canadian workers. The UAW launched a strike against Ford, General Motors (GM.N) and Stellantis last week, targeting one U.S. assembly plant at each company. UAW workers also want to end a tiered wage structure that they say has created a large gap between newer and older employees, forcing some to work two jobs to make ends meet. We’re serious about this,” said Victor Holloway, 24, of Westland, Michigan, who has worked at the Ford plant in Wayne, Michigan, since 2021. U.S. President Joe Biden is wearing a red tie on Wednesday in solidarity with UAW workers, the White House said.

Persons: Mark Reuss, “ We’re, ”, Victor Holloway, Rebecca Cook, Stellantis, Ram, Reuters Graphics Ford, Unifor, Ford, Joe Biden, Biden, Shawn Fain's, David Shepardson, Joe White, Ben Klayman, Anirudh, Richard Chang, Will Dunham, Matthew Lewis, Deepa Babington Organizations: DETROIT, United Auto Workers, Ford, Detroit, Detroit Free Press, UAW, General Motors, Ford Bronco, Chevrolet, Reuters, GM, REUTERS, GM's, Silverado, Reuters Graphics, Kokomo, RSM, Thomson Locations: Michigan , Ohio, Missouri, Chevrolet Colorado, Westland , Michigan, Wayne , Michigan, Fairfax , Kansas, Toledo , Ohio, U.S, Canada, Canadian, Ohio, Indiana, Kokomo , Indiana, Washington, Detroit, Bengaluru

DETROIT, Sept 20 (Reuters) - Talks were ongoing on Wednesday between union representatives and company management in the sixth day of the United Auto Workers strike at the Detroit Three automakers, a day after Ford (F.N) averted a walkout by Canadian workers. The UAW launched a strike against Ford, General Motors (GM.N) and Chrysler parent Stellantis (STLAM.MI) last week, targeting one U.S. assembly plant at each company. The UAW's coordinated U.S. action led to about 12,700 workers going on strike last week. Ford reached a last-minute deal to avoid a walkout at its Canadian operations late on Tuesday. Unifor, which represents about 5,600 Canadian auto workers, had been threatening to go on strike at all three of Ford's plants in that country if a deal was not reached by late on Tuesday.

Persons: Ford, Mark Reuss, Carlos Osorio, Ram, Unifor, Stellantis, Anirudh Saligrama, David Shepardson, Ben Klayman, Will Dunham, Richard Chang, Jamie Freed Organizations: DETROIT, United Auto Workers, Detroit Three, Ford, UAW, General Motors, Chrysler, Ford Bronco, Chevrolet, Motors, Detroit, Detroit Free Press, Plant, REUTERS, GM's, Silverado, GM, RSM, Kokomo, Thomson Locations: Michigan , Ohio, Missouri, Chevrolet Colorado, Kansas, Oakville, Oakville , Ontario, Canada, Ford Canada, Canadian, Ohio, Indiana, Toledo, Kokomo , Indiana, Bengaluru, Washington, Detroit

☆ Canadian dollar gives back earlier gains on hawkish Fed
▼ + stars: | 2023-09-20 | by ( Fergal Smith | ) www.reuters.com time to read: +2 min

A Canadian dollar coin, commonly known as the "Loonie", is pictured in this illustration picture taken in Toronto January 23, 2015. The Fed held interest rates steady but projected another rate increase by the end of the year and monetary policy kept significantly tighter through 2024 than previously expected. "The U.S. dollar is climbing against its major rivals as Treasury yields push higher across the front-end of the curve, and risk-sensitive assets - from equities to the Canadian dollar - are weakening," Karl Schamotta, chief market strategist at Corpay, said in a note. The Canadian dollar was trading nearly unchanged at 1.3450 to the greenback, or 74.35 U.S. cents, after trading in a range of 1.3396 to 1.3464. The price of oil, one of Canada's major exports, settled 1% lower at $90.28 a barrel, giving back some recent gains.

Persons: Mark Blinch, Price, Karl Schamotta, Fergal Smith, Nick Zieminski Organizations: REUTERS, Canadian, U.S, U.S . Federal, Fed, Bank of Canada, BoC, Thomson Locations: Toronto, TORONTO, Canadian

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