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International Trade committee Thank you very much. Good morning, ladies and gentlemen. Thank you very much for inviting us today. I'm very pleased to be here on behalf of the men and women who work in your local new franchise car and truck dealerships. The Canadian Automobile Dealers Association represents
June 26th, 2018Committee meeting
John White
International Trade committee Yes, I do feel they're being heard. The National Automobile Dealers Association is a very prominent organization. They've gone at this not only together, but also with the manufacturers, with the parts industry, and with other associations across the country. Of course, they're b
June 26th, 2018Committee meeting
John White
Finance committee Thank you very much. My name is John White, President and CEO of the Canadian Automobile Dealers Association. You've already met my colleague Oumar, who is our Chief Economist. I would like to say, on behalf of the Canadian Automobile Dealers Association, or CADA, that I am ver
June 12th, 2019Committee meeting
John White
Finance committee There are two things. First of all, if this bill does not pass, what could happen is that it would be one other reason for our friends in the south to not ratify the agreement. What we've seen is that the Americans have not been shy in terms of imposing tariffs and doing things r
June 12th, 2019Committee meeting
John White
Finance committee Of course, a longer-term solution must be found. I do not have any to propose to you right now, but this bill gives us some respite. By 2020-2021, the political situation in the United States could change and things may stabilize. That being said, we see that Congress is divided
June 12th, 2019Committee meeting
John White
Finance committee Sure. That's a great question. First of all, we're extremely grateful that we were able to dodge the bullet on auto tariffs because, yes, for sure, that was the nuclear option. That would have been devastating. It was the number one preoccupation for our dealers. In terms of t
June 12th, 2019Committee meeting
John White
Finance committee I was here for the committee. Mr. Verwey was beside me. They could not predict the price of his steel. He was getting fluctuations in price and in cost. At the end of the day, he faced, at one point, a 35% cost increase on his prices because of the volatility that was out there.
June 12th, 2019Committee meeting
John White
Finance committee Absolutely, he did, yes. He has since opened both at a much greater cost than he had anticipated. If any of you are driving down the 401 in the Whitby area and Clarington area, you will see two huge facilities, $30 million of investment from what, once upon a time, was a small ma
June 12th, 2019Committee meeting
John White
Finance committee Thank you very much. I guess we're on the same wave length. On that matter we worked very collaboratively with NADA, the National Automobile Dealers Association in the U.S. with regard to steel and aluminum tariffs when the prospect of auto tariffs was out there. They were aw
June 12th, 2019Committee meeting
John White