Lecture 5 Automobile Industry

Adms 1010 7 naonal policy taris introduced by sir john

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Unformatted text preview: only to the US in vehicle produc>on •  Third largest market in the world (US, Great Britain and Canada) –  500 cars registered in Canada – 1927 –  300,000 by 1917 –  2,000,000 by 1929 Fall 2012 Jim Love ADMS 1010 7 Na>onal Policy •  Tariff’s introduced by Sir John A MacDonald in 1870’s •  Imperial preference by Laurier in 1890’s Fall 2012 Jim Love ADMS 1010 8 Development of Canadian Auto Industry •  Started because of Tariff (35%) •  1920’s High Tariffs outlived their usefulness •  Dropped to spur demand during Great Depression (1930’s) •  Depression worsens and protec>onism returns •  Realiza>on that auto industry is being hurt by protec>onism and Tariffs are reduced Fall 2012 Jim Love ADMS 1010 9 2004 •  Canada became North America’s largest automobile producer •  A new kind of incen>ve – Health Care •  GM spends $1,400 per car providing Heath Care – more than the cost of the steel! Fall 2012 Jim Love ADMS 1010 10 Roo...
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This note was uploaded on 01/26/2014 for the course LAPS ADMS 1010 taught by Professor D.jurkowski during the Winter '10 term at York University.

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