shockedcanadian
Diamond Member
- Aug 6, 2012
- 43,861
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This is why Trump is going to get everything he wants in renegotiations or more likely, he will rip it up and negotiate separate deals.
Without USMCA/CUSMA, Japan and other foreign businesses do not invest in Canada.
Since Canada violates our Charter of Rights and indeed tampers in companies HR departments among other violations, which America is well aware of now; the U.S does not see a need to give any breaks. If we had supported civil rights, our Charter and U.S corporations self determination without outfits interfering in their operations, opened up our markets to competition instead of centrally controlling the economy, we might not be facing this massive headwind.
In essence, if Trump walks away from USMCA, Japan, S Korea and others most certainly move their investments to the U.S.
Do NOT blame me Canada, I was a loyal Canadian of British ancestry who respected our history and wanted close relations with America. Instead you destroyed me and continue to salivate at the harm you commit against me via evil, unG-dly means. The most corrupt province in the West which will be responsible for the loss of BILLIONS of dollars and hundreds of thousands of jobs.
Americans know the facts now and Japan and many others are also well versed...
www.ctvnews.ca
As the Canadian government prepares to review the Canada-U.S.-Mexico Agreement (CUSMA) this summer — a deal the U.S. president is signalling he’s prepared to abandon — Japan’s ambassador is reminding Canada just how high the stakes are for a key component of Ontario’s economy.
Japanese Ambassador to Canada Kanji Yamanouchi says continued access to the U.S. market, as provided for under CUSMA, is essential for current and potential increased Japanese investment in auto manufacturing in Canada.
“That is the critical condition,” Yamanouchi said in an interview airing Sunday on CTV Question Period . “Canada is, of course, a G7 country. Your GDP is one of the top ten countries — $2.5 trillion. But you know the size of the U.S. market? $30 trillion.”
“All those cars made in Canada, of course sold in Canada, but at the same time, exported to the U.S market,” added Yamanouchi. “(For) private companies, that means they have to calculate to increase profit. So CUSMA is a very important part of the calculation.”
Last year, U.S. President Donald Turmp imposed a 25 per cent tariff on Canadian-made automobiles, with a complicated carveout for the U.S. content in imported vehicles. Trump has also repeatedly stated that the U.S. doesn’t need cars made in Canada or Mexico and that he wants to bring back auto manufacturing positions to the United States.
Japanese auto makers, meanwhile, are a critical source of automotive production and employment in Ontario.
Honda and Toyota have manufactured vehicles in Canada for decades, and while overall auto production in Canada has declined in the last ten years, these two companies are now consistently outproducing their American rivals.
In 2024 and 2025, Honda and Toyota each assembled more vehicles in Canada than Ford, General Motors and Stellantis combined, according to a report published this month by the Trillium Network for Advanced Manufacturing.
Without USMCA/CUSMA, Japan and other foreign businesses do not invest in Canada.
Since Canada violates our Charter of Rights and indeed tampers in companies HR departments among other violations, which America is well aware of now; the U.S does not see a need to give any breaks. If we had supported civil rights, our Charter and U.S corporations self determination without outfits interfering in their operations, opened up our markets to competition instead of centrally controlling the economy, we might not be facing this massive headwind.
In essence, if Trump walks away from USMCA, Japan, S Korea and others most certainly move their investments to the U.S.
Do NOT blame me Canada, I was a loyal Canadian of British ancestry who respected our history and wanted close relations with America. Instead you destroyed me and continue to salivate at the harm you commit against me via evil, unG-dly means. The most corrupt province in the West which will be responsible for the loss of BILLIONS of dollars and hundreds of thousands of jobs.
Americans know the facts now and Japan and many others are also well versed...
CUSMA a ‘critical condition’ for increased Japanese auto manufacturing in Canada: ambassador
As the Canadian government prepares to review CUSMA this summer — a deal the U.S. president is signalling he’s prepared to abandon — Japan’s ambassador is reminding Canada just how high the stakes are for a key component of Ontario’s economy.
www.ctvnews.ca
As the Canadian government prepares to review the Canada-U.S.-Mexico Agreement (CUSMA) this summer — a deal the U.S. president is signalling he’s prepared to abandon — Japan’s ambassador is reminding Canada just how high the stakes are for a key component of Ontario’s economy.
Japanese Ambassador to Canada Kanji Yamanouchi says continued access to the U.S. market, as provided for under CUSMA, is essential for current and potential increased Japanese investment in auto manufacturing in Canada.
“That is the critical condition,” Yamanouchi said in an interview airing Sunday on CTV Question Period . “Canada is, of course, a G7 country. Your GDP is one of the top ten countries — $2.5 trillion. But you know the size of the U.S. market? $30 trillion.”
“All those cars made in Canada, of course sold in Canada, but at the same time, exported to the U.S market,” added Yamanouchi. “(For) private companies, that means they have to calculate to increase profit. So CUSMA is a very important part of the calculation.”
Last year, U.S. President Donald Turmp imposed a 25 per cent tariff on Canadian-made automobiles, with a complicated carveout for the U.S. content in imported vehicles. Trump has also repeatedly stated that the U.S. doesn’t need cars made in Canada or Mexico and that he wants to bring back auto manufacturing positions to the United States.
Japanese auto makers, meanwhile, are a critical source of automotive production and employment in Ontario.
Honda and Toyota have manufactured vehicles in Canada for decades, and while overall auto production in Canada has declined in the last ten years, these two companies are now consistently outproducing their American rivals.
In 2024 and 2025, Honda and Toyota each assembled more vehicles in Canada than Ford, General Motors and Stellantis combined, according to a report published this month by the Trillium Network for Advanced Manufacturing.
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