Geoff Russ: The myth of Ontario manufacturing
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Geoff Russ: The myth of Ontario manufacturing
Bribing automakers to stay is not evidence of strength
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Forty-two per cent of Canadian manufacturers are considering shifting production to the United States or have already done so. A survey from KPMG released in July found that 57 per cent had paused, reduced, or cancelled capital investment projects in Canada. That is a potential exodus in the making, and it could gut what is left of manufacturing in this country.
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As things currently stand, capital has few national loyalties, and it has little appetite for taking part in a fight with Washington on the Canadian side of the border.
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Pressed on those numbers, Doug Ford or Mark Carney might face an awkward news conference. Ford often invokes Ontario as a manufacturing powerhouse and says that his provincial government is overseeing “an economic powerhouse that can power jobs, investment and growth across North America.”
Carney has argued that Canada........
