Industry Minister Looks to Innovative Future of Canadian Auto Sector
DETROIT, MICHIGAN--(Marketwired - Jan. 15, 2014) - Industry Canada
Canada's Industry Minister, the Honourable James Moore, today met with leaders of Canadian-based automakers to promote Canada as an ideal place for automotive investment. The Minister also toured the convention floor of the North American International Auto Show and saw first-hand many of the innovative new vehicles that are built by Canadians.
As a key driver of the Canadian economy and one of the country's largest manufacturing sectors, the automotive industry is a priority for our government. That is why our government has taken the following actions to support the long-term success of the Canadian automotive sector:
Ensuring the best conditions possible for the automotive sector to do business continues to be an important focus for the Government of Canada. Our government will continue to take action to keep taxes low, eliminate tariffs on machinery and equipment, and create an environment that promotes innovation, research and development. Canada's automotive industry will continue to thrive and be at the forefront of job creation and innovation.
Quick facts
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"Canada's automotive sector is a global leader in innovation, manufacturing and sales. Our government is committed to ensuring that Canada's world-class automotive sector continues to have the right conditions for growth, not only in sales and jobs but also in cutting-edge technology, research and development. Canada's representation here in Detroit is impressive and proudly demonstrates the great things Canada is capable of. Canada's automotive industry is successful because of the great products it continues to produce. Automakers saw record-breaking sales in 2013, increased jobs and overall growth in the Canadian economy."
- Industry Minister James Moore
Associated link
• http://www.ic.gc.ca/eic/site/auto-auto.nsf/eng/Home (Canadian Automotive Industry home page)
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