bush_cheney2004 Posted January 15, 2013 Report Share Posted January 15, 2013 ....The Ontario manufacturing biggest problems was most of those maufacturers were American and went back home , Mexico or Third world countries. If Ontario can't get back many of those jobs then Ontario needs to re-create itself in other areas. Those Ontario jobs are not coming back.....there is no more advantage to outsourcing U.S. jobs to Canada given currency valuations and union wage lunacy. Auto Pact days are not coming back either. Canada is the only G-8 nation without a major domestic auto manufacturer. Quote Link to comment Share on other sites More sharing options...
Accountability Now Posted January 15, 2013 Report Share Posted January 15, 2013 Good to know. I guess the fact that Canada lost (according to stats Canada) more then 1/7th of its manufacturing jobs in the 4 years leading up to the start of the financial crisis and US recession - a time when the US economy was humming along and while Canada had a high dollar - combined with the strength of our manufacturing sector during the preceding years when our dollar was much lower....are not reality. 14%...hmmm. And 86% after. Quote Link to comment Share on other sites More sharing options...
August1991 Posted January 16, 2013 Report Share Posted January 16, 2013 (edited) The Tar sands is a disgrace. It is a stain on Canada.Why? Is it any worse than Canada's car industry? Its aircraft industry? Quebec and Ontario produce airplanes and cars.Kairos, what makes airplanes and cars go? Edited January 16, 2013 by August1991 Quote Link to comment Share on other sites More sharing options...
August1991 Posted January 16, 2013 Report Share Posted January 16, 2013 (edited) There is something I have never liked about this topic....is that it doesn't make sense. I get it that our Manufacturing industry does better when the dollar is weak but so does oil. Both are exports and do better when the dollar is weaker.The simple answer to your question is that no one should ever sell themselves cheap.Ultimately exporting countries like Japan want to keep their dollar weaker (as shown recently in Japan by government initiatives to weaken the yen) thus keeping their exports strong.Japan's problem is that the Japanese tend to overprice themselves. Like some people in Michigan.---- Talk to anyone in retail, or any macroeconomist: pricing is hard. Edited January 16, 2013 by August1991 Quote Link to comment Share on other sites More sharing options...
.thumb.jpg.9a49e1b2f22a6d34a345152c50044aa9.jpg)
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.