Canada relies on foreign auto executives for its auto industry. It already provides huge taxpayer subsidies per job. There is certainly a possible future where all of those foreign loyal companies side with US to destroy Canadian auto production/investment.
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China could help save Canadian auto industry by providing motors and batteries for Canadian made EVs. Chinese investment to make goods from Canadian resources in Canada is a path for scale that includes global export potential of autos and other industrial goods to whole globe including China.
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If it doesn’t make economic sense to make our own tube socks, it doesn’t make sense to make overly expensive cars, either. There is a stronger national security argument for apparel, that needs yearly replacements, than solar, batteries, and autos that last 20+ years. More so, when they are not dependent on continuous international fuel supply chains/geopolitics.
Pressure on foreign executives to support Canadian production includes access to Canadian market. The stability of status quo will appeal to most people. But the threat/plan B of cooperation with China is both a path to manufacturing and resource FDI paid by China instead of taxpayers, and better quality of life through better value goods.
No thanks. I don’t trust them after what they did to Nortel. It’s much better for Canada to build a high-speed train line and more LRTs all across Canada because:
Totally agree we should invest more in trains and other forms of transit. Especially in areas where it would relieve a lot of car traffic like the Toronto to Montreal route. I dream off a day where I could ditch my car and be easily able to travel between those cities without breaking the bank, or being stuck with freight rail traffic. Honestly I think I would settle for VIA having more priority on the rails. The travel time isn’t that bad when compared to driving. The costs and the uncontrolled delays are really killer.
With that being said, I think Canada would be better off aligning their tariffs on China with the EU. I don’t think we need to cut of China completely but we would be better off aligning with the EU and keeping our options open to have a diverse set of trading partners instead of relying on one big partner like we do now with the US.