CANADA/CARS - Ontario would lose 517,000 auto-sector jobs within five years if the Big Three automakers went out of business, according to a new provincial report. The collapse of General Motors, Ford and Chrysler would send lasting shock waves through the Canadian economy.
Alternatively if auto output by United States-based manufacturers in Canada were cut in half, at least 157,400 jobs would be lost right away, 141,000 of them in Ontario. By 2014, job losses would rise to 296,000 nationally, including 269,000 here.
If production were to cease completely, 323,000 jobs would be lost immediately in Canada, including 281,800 in this province, rising to 582,000 nationally and 517,000 in Ontario by 2014.
The review by the Ministry of Economic Development was released today.
Subscribe to:
Post Comments (Atom)
Featured Posts
|
The Sarcasm Symbol
Ever had some confusion online or with your cellphone when someone fails to catch the sarcasm? Well now with the SarcMark you can ge... |
|
Behold, the Scorpion Hydrogen Supercar
CARS - To the right is the future of supercars... it is a hydrogen supercar called the Scorpion. The Scorpion from Ronn Motors in Texas is t... |
|
Documents show Stephen Harper misusing public funds
CANADA - According to 950+ pages of documents obtained by the Canadian Press under the Access to Information Act the Privy Coun... |
|
Pink's Rosie the Riveter
ENTERTAINMENT - What I like about this video is how it meshes different social movements like feminism, veganism, anti-capitalism... |
|
California's Dustbowl
ENVIRONMENT - The photo on the right is a farm in California that has been put up for sale. Its just one of thousands of farms that are n... |
|
Is Steampunk the New Goth???
GOTHIC - Watch out what you see on the subway late at night because while in 2001 you might have seen some pretty freakish goths, by 20... |
|
Do you have enough Ice Water in your diet?
HEALTH - A Calorie (large C) is a measurement of the amount of energy needed to raise the temperature of a litre of water (1 kg's worth) ... |
|
North Korean timeline towards Inevitable War
POLITICS - The following is timeline of events that have occurred on the Korean Peninsula. 1945 - Japan surrenders to the United States a... |
|
Judgment Day is Tomorrow, so sayeth Cult
RELIGION - According to a cult based in California, Judgement Day is tomorrow (May 21st 2011) and Jesus Christ will return to the Earth a... |
|
Sex in Space Forbidden
SEX/TECHNOLOGY - Sex in outer space is a big no-no according to NASA. Not for professional astronauts at least, but the growing numb... |
Popular Posts / Last 30 Days
-
By Charles Moffat - September 2010. CANADA / HEALTH - Last night I had a date with a girl in which we went cycling down to Queen Street We... -
When bidding for the White House it always helps to have the cards stacked in your favour. While Barack Obama turned down Hillary Clinton as... -
CANADA - National Post writer Matt Gurney says Remembrance Day should not be a National Holiday in Canada because... well, you read it: ...
-
ENVIRONMENT - Its expensive to buy a $20,000 solar system for your home... even though you know its worth it in the long run because you en... -
A virus has been infecting popular social networking sites MySpace and Facebook , tech experts said yesterday. On Facebook, the virus is cau... -
By Charles Moffat - September 2010. ENTERTAINMENT - Vanilla Coke was first introduced in 2002 and despite widespread popularity and being ... -
CANADA - Sarah Thomson, the only female in the big five contenders to become Toronto's next mayor, has dropped out of the mayoral race.... -
CANADA - The Conservative minority government of Canada has committed itself to buying 65 new fighter planes at a cost of $140 million each...
-
POLITICS - Italian anti-mafia prosecutors have captured 80 Mafiosi from two prominent crime syndicates, arrested in separate operations in ...
-
U.S. home prices fall at record pace; 20 largest cities suffer a `free-fall month' as values plunge 18%. POLITICS - Home values in the ...
No comments:
Post a Comment
Comments containing links will be marked as spam and not approved. We moderate every comment. If you want to advertise on this blog it is $30 per link.