GM spent $400M upgrading the Oshawa plant in 2016 to finish pickups and keep the line going there. For whatever reason despite that investment they don't think it makes financial sense to keep that plant running. It's no secret that Canada is the highest cost environment in North America. We can't compete with a combination of lower wages and taxes seen in Mexico and the US.
The car markers also seem to believe that they are going to see a decrease in vehicle demand over the coming years. SUVs and pickups might be doing well right now, but the industry thinks EVs and ride sharing are the future.
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