CANADIAN AUTO SECTOR WANTS GOVERNMENT HELP TO DIVE DOWN COSTS AS USMCA TRADE DEAL RATIFICATION LOOMS
January 1st, 2019
A CANADIAN automotive industry association wants its federal government and the provincial administration of auto-making hub Ontario, to address the high cost of making vehicles in Canada, now the United States-Mexico-Canada Agreement (USMCA) has been negotiated.
Drafted on September 30 and signed on November 1, but still awaiting ratification, the Canadian auto sector has been assessing the likely impact of the USMCA, guessing that the agreement will come into force – maybe this summer.
Mark Nantais, the Canadian Vehicle Manufacturers’ Association’s ...
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