Is Canada doing enough to hold its own as manufacturing jobs are shed around the world?
The challenge for Canada’s manufacturing sector comes down to a mix of a long-term decline in jobs globally and a lack of risk-taking among Canada’s business owners.
Maclean’s spoke with Paul Boothe, Director of Ivey’s Lawrence National Centre for Policy and Management, to address the key issues within Canada’s manufacturing sector. Boothe’s current research, “The Future of Canadian Manufacturing: Learning from Leading Firms,” looks at the competitive edge among global leading firms in the manufacturing industry and how Ontario can benefit from their foreign investment strategies.
“A company looking at setting up a plant in Ontario has to navigate an often confusing array of federal and provincial departments and agencies assessing everything from what tax breaks and subsidies are on offer, to what potential workers and sites might be available,” said Boothe.