Quote:
Originally Posted by mrdeeds
I'm no believer in corporate welfare, but this will have a crater effect in the Canadian economy. I am not in favour of a bailout per se, but tax incentives for more eco-friendly auto manufacturing and investment in retraining would be a start. The downfall of the Big Three is their own hubris in not investing more in international sales and reliance on the North American market.
I wonder what would have happened if a 1990 Senate bill that was defeated by 3 votes had passed.
http://washingtonindependent.com/123...-protectionism
I guess the other side |
And most of them would love to do that and are not allowed to because of circumstances totally beyond their control.
For instance, KIA. Those vehicles are readily available in North America. but do you think there are reciprocal agreements to sell our cars in South Korea?
Not for very many vehicles at all. And most of that has nothing to do with the automakers in Canada. Instead, it is USA foreign policy.
You think the States is going to put emphasis on selling US vehicles in Korea? or on having a military presence there?