Canadian Vehicle Manufacturers’ Association Statement on the 2019 Ontario Budget
The Canadian Vehicle Manufacturers’ Association (CVMA) issued the following statement regarding the 2019 Ontario Budget:
The Canadian Vehicle Manufacturers’ Association welcomes the 2019 Budget provisions to continue focus on the “open for business” agenda and to reduce costs in the manufacturing sector. We are encouraged by the province’s commitment to find strategies to address automotive manufacturing competitiveness issues and it will be important for the government to work in close collaboration with the industry on these issues and as part of the next phase of the “Driving Prosperity: The Future of Ontario’s Automotive Sector” strategy.
We will look forward to learning more about the Budget details.
For further information, please contact:
Canadian Vehicle Manufacturers’ Association
About the Canadian Vehicle Manufacturers’ Association (CVMA)
The Canadian Vehicle Manufacturers’ Association is the industry association that has represented Canada’s leading manufacturers of light and heavy duty motor vehicles for more than 90 years. Its membership includes FCA Canada, Inc.; Ford Motor Company of Canada, Limited and General Motors of Canada Company. Collectively its members account for more than 50% of vehicles produced in Canada, operate 5 vehicle assembly plants as well as engine and components plants, and have over 1,300 dealerships. 130,000 jobs are directly tied to vehicle assembly in Canada. Direct and indirect jobs associated with vehicle manufacturing are estimated at over 500,000 across the country.