Demise of auto industry would be ‘economic equivalent of a nuclear freeze’: Bryant
Canada would lose 582,000 jobs within five years if the Big Three automakers completely shut down, according to a report prepared for the Ontario Manufacturing Council, a government advisory panel of industry and labour representatives.
The report, which was prepared by the Centre for Spatial Economics, projects a bleak economic picture for the province and the rest of the country if the automakers were to go out of business.
Centre for Spatial Economics
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