Manufacturing is the single largest contributor to Niagara’s economy, supporting 17,000 local jobs. Low utility costs and our strategic location have given Niagara an edge, which we must preserve in an age of economic uncertainty.
While credits exist for tuition, businesses in Ontario remain uncompensated for other costs associated with training. As a result, workforce training has fallen behind international peers, and is heavily concentrated among larger firms.
While both federal and provincial governments continue to chip away at Canada’s internal trade barriers, Canadian firms still face a morass of regulations which often makes trading within Canada more difficult than trading with foreign countries. Without access to a centralized, easy-to-use data portal, this issue will continue for years.
U.S. President Donald Trump has threatened or announced sweeping tariffs on Canadian exports to the U.S., as well as separate tariffs on metals which might be cumulative. Economists in both countries are unanimous in stating that this policy would be very harmful to both economies.
Chinese-made EVs are attempting to make inroads into the Canadian market, but the price of these vehicles is artificially depressed by lower (and less expensive) Chinese standards for environmental safeguards and labour rights, often undermined further by poor enforcement and corruption. Canadian manufacturers should not be penalized for their higher standards in protecting the environment and workers.