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Auto Business in Canada - Essay Example
Author : hanehans
Pages 7 (1757 words)
3. Awareness of how government has responded, is responding, and will likely respond to these issues. For example, with regard to the auto industry, information about current crisis and governments' responses to it are explained.
The Canadian automotive industry produces light duty vehicles- cars, vans, pickup trucks; heavy duty vehicles - trucks, transit buses, school buses, military vehicles; and a wide range of parts, components, and systems used in vehicles of this nature.The Canadian automotive industry is integrated into NAFTA (i.e…
There are concerns about the pace of progress towards increased regulatory cooperation across North America, the implications of a possible Canada-Korea free trade agreement, the proposal by the federal government to regulate fuel consumption, and the approach to consumer incentives and levies announced in the last federal budget. There is concern about the plans of several provinces to establish their own regulations on fuel emissions. There is concern about the accelerated Capital Cost Allowance announced in the recent federal budget and the Ontario government's commitment to support environmental R&D as examples of government actions in support of certain strategies to attract investment and ensure the Canadian auto sector remains strong and internationally competitive. ("Canadian Automotive Partnership Council Discusses Competitiveness Issues," 2007)
There is increased cooperation across governments and closer cooperation with the US in addressing the key issues raised wit ...