Union predicts 300,000 Canadian factory job losses

Newswire

By Randall Palmer OTTAWA, Nov 20 (Reuters) - One in seven Canadian manufacturing jobs will disappear in the next two to four years if the Canadian dollar stays at current high levels, Canadian Auto Workers economist Jim Stanford predicted on Tuesday. "The rising Canadian dollar has taken a bad situation and made it far, far worse," Stanford told the House of Commons finance committee, which is investigating the effects of the currency's rise. He said job losses so far have resulted ...

Premium Content (PAID Subscription Required)

"Union predicts 300,000 Canadian factory job losses" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×