Department Chair Chris Worswick published an opinion piece in the Globe and Mail titled “If the trade war hobbles Canada’s auto sector, let’s just phase it out.”
Here is an excerpt:
“As with any industry, phasing out the auto sector will have a short-term effect on other sectors that rely on it. But in the medium term, these consequences would dissipate as the economy pivots toward new and growing industries, which would absorb many of the laid-off workers.
We should therefore keep that in mind when we consider any future government assistance for the auto sector. Before Canada commits even larger amounts of money, we must ask whether it is in the national interest – or if it keeps alive a less competitive industry at the expense of more competitive ones.”
You can read the opinion piece on the Globe and Mail’s website here.