Let me read to you a line that I haven’t seen in the CBC, or CTV, or any other Canadian media outlet:
Canada’s auto industry, which is concentrated in southern Ontario, has shrunk over the past decade, as more factories moved to the southern U.S. and Mexico where labor costs are cheaper. Canadian policy makers had hoped the United States-Mexico-Canada Agreement—reached in late September with provisions requiring more work be done by higher-wage workers—would help the domestic industry. Today, Canada is among the most expensive countries in the world to build cars and the highest-cost market for car assembly in the North American free trade zone.
And do you think that’s going to get better or worse when Justin Trudeau’s national carbon tax kicks in fully?
GM isn't the only company in the news:
Bombardier said about 3,000 jobs will be cut in Canada, with the majority of those in Bombardier’s home province of Quebec and 500 in Ontario.
Like Bombardier, GM was the recipient of tens of billions of dollars in taxpayer largesse — and in fairness, Stephen Harper was part of that decision a decade ago, as part of the massive auto bail-out, done in conjunction with Barack Obama, and the province of Ontario.
Just months ago, we forgave GM a massive debt — and then they shut down their Oshawa plant.
Maybe there’s no way to have kept them here; but when the feds gave $10 billion to the auto industry a decade ago, and Ontario taxpayers gave billions more, surely there was a quid pro quo?
WATCH my video to see why Buzz Hargrove, former President of the Canadian Auto Workers, thinks this is a sign that "Trump's strategy is working beyond belief."