'Won't Manufacture in Canada if Market Not Here'

The video discusses the challenges of manufacturing in Canada when the market is elsewhere, highlighting currency exposure risks. It examines the auto industry's status in Ontario and Canada, noting a lack of new plant announcements and potential closures like the Oshawa plant. The discussion shifts to Mexico's strategic trade agreements with countries like Brazil and Korea, contrasting with Canada's approach.

What is a suggested strategy for managing currency risk in manufacturing?

• Manufacture in the country with the lowest labor cost

• Manufacture in a country with a strong currency

• Manufacture where the sales occur

• Manufacture in multiple countries

What is a current challenge facing the auto manufacturing sector in Ontario?

• Lack of skilled workers

• High demand for electric vehicles

• Few new plant announcements

• Excessive government regulations

What is a potential future event mentioned for the Oshawa plant?

• Increase in workforce

• Closure of the plant

• Expansion of the plant

• Introduction of new technology

How has Mexico approached trade agreements differently from Canada?

• By focusing on domestic trade

• By being more aggressive in free trade agreements

• By limiting trade to North America

• By avoiding trade with Asian countries

Which countries has Mexico established trade agreements with that Canada has not?

• United States and China

• Brazil and Korea

• Germany and Japan

• India and Russia