Canada’s prosperity relies on global stability, the rules-based multilateral trading system, cooperation among like-minded partners and respect for sovereign states.
Canada is blessed with an abundance of natural resources, which are the source of much of the country’s prosperity. Canadian energy producers and mining companies are key enablers of the transition to a low-carbon economy.
Sound fiscal policy, investments to enhance growth and productivity, and competitive tax rates are fundamental to success in the global economy.
To succeed in today’s global economy, Canada needs a strategy that brings ideas to life and enhances the country’s competitive advantages.
An aging population and increased global competition for talent requires that Canada work harder to attract, retain and develop its human capital. Employers have a responsibility to contribute to this effort by ensuring healthy, diverse and inclusive workplaces.
Linamar Executive Chair Linda Hasenfratz stresses that a permanent tariff exemption is crucial for the North American auto industry to avoid instability and factory closures.
“The cost of these tariffs if steel and aluminum tariffs are layered on top, would be enormous. The cost for our customers would be in the billions and is ultimately likely to shut the industry down if the waiver doesn’t come through and stay put in place.”
