5 reasons to breathe easy about Canada’s auto industry
If TPP does nothing more than motivate a serious discussion about the future of the industry and provide a springboard for a comprehensive policy review, then it will have served an important role, says McMaster's Greig Mordue.
As recently as 2007, Canada made more cars than Mexico. But by 2020, analysts say Mexico’s production will be double Canada’s.
Will the Trans Pacific Partnership tilt the balance even more? Did our negotiators sacrifice the auto sector for others? Should the new government sign on?
These are the sorts of questions Greig Mordue hears every day.
McMaster’s ArcelorMittal Dofasco Chair in Advanced Manufacturing Policy tackled them in a recent op-ed in the Financial Post.
In it, he gives five “stubborn facts” that act as reasons to breathe easy over the fate of the country’s auto industry.
You can read TPP won’t curb car sales here.
