Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,515.02 97.49 0.68%
TOPIX 1,170.51 3.92 0.34%
HANG SENG 22,760.24 64.23 0.28%

Media advisory - CAW Commends Investment in Canadian Auto Industry by Federal and Provincial Governments at Toyota


Media advisory - CAW Commends Investment in Canadian Auto Industry by Federal and Provincial Governments at Toyota

TORONTO, Jan. 23, 2013 /CNW/ - The CAW is applauding the investment announcement earlier today by the federal and Ontario government in Toyota, with the intention of building a hybrid car in Canada.

CAW President Ken Lewenza said that the investment, coming in part from the federal Automotive Innovation Fund, is encouraging.

"Both the federal and provincial government recognize the importance of investing in local industry and local jobs," said Lewenza.  "It is crucial though that these investments be part of a larger automotive industrial policy that supports strategic investment, research and development, maintaining a Canadian footprint and greening the industry."

"Success cannot be taken for granted, both levels of government must work towards developing sector-based policies and strategies that will ultimately maintain and grow good jobs, like the ones at Toyota, Honda, General Motors, Ford and Chrysler."

For more information, please contact CAW Communications Shannon Devine (cell) 416-302-1699  For information on the CAW's auto policy document Re-thinking Canada's Auto Industry: A Policy Vision to Escape the Race to the Bottom, please visit: http://www.rethinktheeconomy.ca/resources

SOURCE: Canadian Auto Workers Union (CAW)

To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/January2013/23/c8281.html

CO: Canadian Auto Workers Union (CAW) ST: Ontario NI: LABOR LABOR LBR MED

-0- Jan/24/2013 01:56 GMT

Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement