Auto production plunged 6.4%, its steepest fall in more than three years.
Automaker also confirms two future products would go to the plant, eventually bringing a second shift.
Scotiabank says Canadian auto sector will only add 0.2 percentage points to overall growth, compared to 0.7 in the US.
New auto policy aims to raise total industry production to 1.25 million vehicles and exports to 250,000 vehicles by 2020.
$1.3 billion investment brings automaker’s total spending on US manufacturing plants to $2.8 billion in 2013.
The automaker’s US sales rose 12% through October, outpacing the industry.
The Canadian government sold a block of 30 million GM shares in September, valued at $1.1 billion.
Korean automaker will make the first mass-produced fuel-cell vehicle sold in the North America.
The German automaker is pumping $1.2 billion into producing the newest version of Mini in the UK.
Southeast Asia’s second-largest economy is likely to grow 3% this year instead of 3.8-4.3% predicted in August.
The bank has revised its 2013 forecast for Canada to 1.735 million from 1.72 million units.
Despite high sales, assembly plants in Canada aren’t growing the way they should be.
Record sales are boosting production, but investments in Mexico and the US will wreak havoc on Canada’s sector.
Vehicle sales up 8% in July and August over 2011, led by double-digit gains in South America.