For many decades in the automobile industry has played a major role in Canada's economy. Most of the Canadian jobs depend on the automotive industry, both directly and indirectly. However, by 2005, Canada faced a serious threat of globalization. Analysts that in the future the number of car-related jobs in Canada will depend on the international competitiveness of Canadian businesses. To continue to increase in wages will increase production costs are so much higher level of Canadian in Mexico, China and other developing countries that collectors would move production to low-cost jurisdictions. Meanwhile, the Big Three are losing market share to their non-union competitors, especially Toyota and Honda. "Hide
by David W. Conklin, Daniel Cadieux Source: Richard Ivey School of Business Foundation 12 pages. Publication Date: January 13, 2006. Prod. #: 906M08-PDF-ENG
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