The slow erosion of
the Canadian auto sector is going to continue.
Not exact matches
Rather, he argues, Ottawa needs to pursue a more multi-faceted policy that focuses on the parts
sector and the tool - makers, promotes labour - force development and assists
Canadian auto parts suppliers to promote themselves internationally.
One of the most exciting developments in Canada is the innovative, forward - looking proposal being developed by two of Canada's largest private
sector unions: the Communications, Energy and Paperworkers union (CEP) and the
Canadian Auto Workers union (CAW).
Peter Sklar,
auto -
sector analyst at BMO Capital Markets, sees Linamar as best positioned among the
Canadian auto - parts companies to exploit the tightening emission standards.
It's a strong signal to
auto makers and the oil
sector that they need to innovate and evolve — and it's a message the
Canadian government has yet to send.
«The federal government must keep its word and defend
Canadian interests during the TPP's ratification process — which includes defending supply management, our
auto sector and
Canadian manufacturers across the country,» Trudeau says.
In a
Canadian regional context, the benefits in these two
sectors are expected to flow primarily to the western
Canadian beef
sector, while the costs are expected to be borne by the Ontario - based
auto sector.
The Windsor Mold operation is a prime example of the
auto sector in the NAFTA era: A
Canadian company that adroitly expanded in the United States and Mexico as the
auto assembly industry moved south from the Great Lakes region and is now making parts in all three countries that are snapped into vehicles sold in all three countries.
Canada wants to preserve
auto -
sector manufacturing jobs in Ontario by ensuring that Chinese - made parts in Japanese cars do not displace
Canadian parts, but it is ironic that both Korean and European manufacturers are enjoying a phase - out of
Canadian auto tariffs while Japanese companies, which have invested in Canada, still face a tariff barrier.
«I think the manufacturing
sector and exports more broadly are finally kicking into gear in a big way, both because of the comeback in the
auto sector in particular, but also thanks to the lower
Canadian dollar,» he said.