2 days Ago By Jan Schuermann
Canadian manufacturers are calling on the next federal government to make changes to reposition Canada’s economy for growth. The Canadian Manufacturers and Exporters (CME), a business collective that represents 2,500 leading manufacturers, is calling for less regulation and lower taxes. In a release Wednesday, the CME advocated for 17 measures that are aimed at “reinvigorating the Canadian economy.
” Among others, they demand that the new government better align immigration policies with manufacturers’ needs, enhance Canada’s tax competitiveness, and strengthen government-industry collaboration on climate and energy policies. The CME is convinced that Canada is in need of long-overdue structural economic reforms, especially in light of the “unprecedented challenges from unjustified U.S.
tariffs.” The 25 per cent automotive tariffs imposed by U.S.
President Donald Trump have raised fears about the future of the sector in Canada. “The economic threats from the U.S.
are a wake-up call,” said CME President Dennis Darby. “The next federal government must act decisively to reposition Canada’s economy,”.
