Evening Update: U.S. President vows stiffer bank rules in the wake of SVB’s collapse

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Evening Update: U.S. President vows stiffer bank rules in the wake of SVB’s collapse
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Also in the news today, Volkswagen picks Ontario for its first North American EV battery plant

This is the daily Evening Update newsletter. If you’re reading this on the web, or it was sent to you as a forward, you can sign up for Evening Update and more than 20 more Globe newslettersVolkswagen picks Ontario for its first North American EV battery plantits first North American battery factory in St. Thomas, Ont., one of the biggest milestones to date in this country’s efforts to establish itself as a major player in electric-vehicle manufacturing.

It is not yet known how much money the federal and Ontario governments have put on the table for the project.The Jesuits of Canada, a religious order of the Catholic Church,

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