Canada And South Korea Sign Memorandum Of Understanding To Bring Auto Manufacturing To Canada

[oldshurst442]

https://www.ctvnews.ca/business/autos/article/ottawa-south-korea-in-talks-to-bring-auto-manufacturing-to-canada-sources-2/

 

The federal government has signed a memorandum of understanding (MOU) with the Republic of Korea that includes discussions to bring auto manufacturing to Canada, two sources told CTV News.

The MOU, which is not binding, calls for closer industrial cooperation on the “future of mobility” –including talks on the auto sector – and was signed by Industry Minister Melanie Joly and her South Korean counterpart, Minister Jung-Kwan Kim, after they met in Ottawa on Tuesday.

The talks, which are in early stages, involve the possibility of manufacturing vehicles or auto parts and batteries.

 

Discussions stemmed from South Korea’s push to win the contract to replace Canada’s aging fleet of submarines.

On Monday, both Hyundai and Hanwha officials were part of a Canada-Korea auto forum in Toronto hosted by South Korea’s chief trade envoy. At that time, several Canadian auto executives pitched Hyundai about moving some manufacturing to Canada.

Flavio Volpe, the president of the Automotive Parts Manufacturer’s Association (APMA), says he made a pitch to the Korean delegation to make electric vehicles in Ontario.

[oldshurst442]

That makes South Korean cars and Chinese cars to maybe sometime in the future have manufacturing plants of cars, batteries, anything related in the automotive supply chain to be built in Canada...replacing a centuries old partnership with detroit's automobile industry.  detroit's automobile industry is kowtowing and bowing to king trump the dicktator and will soon close down its manufacturing industry in Canada.  This is Canada protecting its own automotive industry.  And I personally say: 

Phoque general motors!!!

Phoque ford motor company!!!  

Phoque chrysler corp!!!

Phoque tesla!!!

Phoque the united states of america!!! 

I say bring on the Asian car industry!!! 

 

Now...time to replace our aging american fighter jets with something more Swedish!!!