Leading Canadian vehicle manufacturers are encouraged about the Canada-U.S. progress report to leaders on regulatory cooperation

Leading Canadian vehicle manufacturers are encouraged about the Canada-U.S. 
progress report to leaders on regulatory cooperation and harmonization 
TORONTO, Dec. 14, 2012 /CNW/ - The release today of the Canada-U.S. progress 
report to country leaders on regulatory cooperation and alignment is welcome 
and an encouraging sign for Canada's leading vehicle manufacturers whose 
operations and supply chains are fully integrated on a North American basis. 
The automotive industry accounts for over $100 billion in trade between Canada 
and the U.S., representing approximately 20% of total trade between the two 
countries. Of the more than two million vehicles produced annually in Canada, 
CVMA member companies account for 65% of all production, with 89% exported to 
our primary market, the United States. 
"We are pleased to see that material progress is being made in relation to the 
Action Plan under the Regulatory Cooperation Council and the Beyond the Border 
Action Plan and fully agree with the reports which acknowledge that a good 
deal more needs to be done", said Mark Nantais, President. 
Better aligned product regulations make good business and public policy sense, 
which has led to a high level of cooperation between Canadian and U.S. 
regulators on the implementation of some of the most advance stringent vehicle 
safety and environmental regulations in the world. "Going forward, one of the 
most important outcomes will be to institute a memorialized process of joint 
regulatory agency cooperation and development of regulations with systematic 
solutions to avoid the creation of new regulatory misalignments. Greater 
harmonization of product standards will reduce costs and make more advanced 
vehicle technologies more affordable for consumers", said Mr. Nantais. 
The Better Border Action Plan that is being pursued now and over the next few 
years will be key to achieving more efficient border crossings and ensure 
qualifying trusted trader companies are able to more effectively move 
manufacturing parts and components across the border as required for the 
highly integrated automotive industry and its supply chain. Also as an 
important adjunct to this activity, the government of Canada is to be highly 
commended for its role in working with the state of Michigan, and the U.S. 
federal government to ensure that the new international border crossing at the 
Detroit-Windsor gateway is built. The industry is looking forward to working 
with the government to implement all aspects of the action plans that will 
address our need for alignment of trusted trader customs facilitation 
programs, border crossing procedures and vehicle standards between Canada and 
the United States", said Mr. Nantais. 
About the Canadian Vehicle Manufacturers Association (CVMA) 
The Canadian Vehicle Manufacturers' Association is the industry association 
that has represented Canada's leading manufacturers of light and heavy duty 
motor vehicles for more than 85 years. Its membership includes Chrysler Canada 
Inc.; Ford Motor Company of Canada, Limited; General Motors of Canada Limited; 
and Navistar Canada, Inc. Collectively its members account for 65% of vehicles 
produced in Canada, operate 5 vehicle assembly plants as well as engine and 
components plants, and have over 1,300 dealerships. 125,000 jobs are directly 
tied to vehicle assembly in Canada. Direct and indirect jobs associated with 
vehicle manufacturing are estimated at over 500,000 across Canada. Please 
visit www.cvma.ca. 
Mark Nantais, President Canadian Vehicle Manufacturers' Association 
SOURCE: Canadian Vehicle Manufacturers' Association (CVMA) 
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CO: Canadian Vehicle Manufacturers' Association (CVMA)
ST: Ontario
-0- Dec/14/2012 22:28 GMT
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