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International Trade committee That's an excellent question, Mr. Carrie, and all of those things you have said are absolutely true. These are considerations that have to be given due analysis and consideration. We do operate in a high-cost jurisdiction. We have signed other trade agreements where we don't hav
February 24th, 2020Committee meeting
Mark Nantais
International Trade committee Thank you very much, Madam Chair. Good afternoon, honourable members. I'm pleased to be here today representing Fiat Chrysler Automobiles Canada, Ford Motor Company of Canada and General Motors of Canada Company. Our members operate four assembly plants, as well as engine and
February 24th, 2020Committee meeting
Mark Nantais
Industry committee I wouldn't say that it has no application, but the fact of the matter is that we've been deeply integrated since the Auto Pact. We can't go back. We're moving forward on that basis. When you look at the multinationals at the table in North America, they also have plants around
February 24th, 2020Committee meeting
Mark Nantais
Industry committee The “Call to Action 2” report has been updated. The “Drive to Win” report replaces it. The report outlines many different things that continue to be necessary. I would suggest that we've probably made very little progress on many of those recommendations. As recently as a coupl
February 24th, 2020Committee meeting
Mark Nantais
Industry committee Thank you very much for your question. The progress lies in the fact that we've been able to preserve a three-country approach in the agreement. Without that, we will not be competitive as a bloc. Our supply chains won't be competitive if we don't have that, so, as I mentioned i
February 24th, 2020Committee meeting
Mark Nantais
Industry committee Okay.
February 24th, 2020Committee meeting
Mark Nantais
Industry committee Not at the trade caucus.
February 24th, 2020Committee meeting
Mark Nantais
Industry committee I will say that the trade agreement, despite it indeed providing opportunities for suppliers and so forth over time, does not offer a guarantee. If we were to lose our anchor plants in Canada or across the U.S., or even in Mexico, the supply chain would be greatly negatively affe
February 24th, 2020Committee meeting
Mark Nantais
Industry committee If you're speaking specifically about the labour value content aspects provisions—
February 24th, 2020Committee meeting
Mark Nantais
Industry committee —yes, we are supportive of them as part of the overall package.
February 24th, 2020Committee meeting
Mark Nantais
Industry committee I have very strong thoughts about this. We operate in a high-cost jurisdiction, so whilst we have the agreement in place, one needs to think about the overall backdrop here of the high operational costs in this country. If we do not address those and do not continue to show an
February 24th, 2020Committee meeting
Mark Nantais
Industry committee Thank you, Madam Chair. Good morning, honourable members. I'm very pleased to have received this invitation to be here today representing Fiat Chrysler, Ford, and General Motors of Canada. Our members operate four assembly plants, as well as engine and component plants. They i
February 24th, 2020Committee meeting
Mark Nantais
Finance committee Yes, I didn't mention it in my verbal remarks, but we are part of the Canadian Manufacturing Coalition, which did recommend this. We support the recommendation that they put on the table, so it's being able to write off that cost in a single year. It would be tooling. It would be
October 5th, 2018Committee meeting
Mark Nantais
Finance committee For assembly jobs, there's probably no impact, actually. However, probably within the supply chain there are companies that may have paid less than that. If they want to be contractors or suppliers to us, those companies will have to make some adjustments. The biggest change wil
October 5th, 2018Committee meeting
Mark Nantais
Finance committee Looking at a different strategy is an option. I want to be absolutely clear here. Our industry is not looking for an exemption at all. In fact, we want to be part of this process, what we call the output-based pricing system, because like every other industry that falls into thi
October 5th, 2018Committee meeting
Mark Nantais