Author Topic: Ontario"s Car-Dependent Economy  (Read 1343 times)

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Offline andreis

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Ontario"s Car-Dependent Economy
« on: Thursday 05 May 2005, 14:34:17 »
The General Motors and   
Ford ratings cut may have some big effects on Ontario"s economy.  The two big   
car-makers were recently in the news with the provincial government awarding   
them big subsidies to build more overcapacity, er, new, more efficient flexible
manufacturing plants.  There are an estimated 331,000 direct and indirect jobs 
in the auto industry in Canada.  Of those, there are 50,000 workers directly   
employed in assembly plants.  Automobiles account for 45% of Ontario"s total   
exports, and there are 16 assembly plants in Ontario, 2 making heavy trucks and
14 of them making light vehicles.  There are also 554 auto parts manufacturers 
in Canada.  While there are other manufacturers than the North American three, 
the largest employers are GM, Ford and DaimlerChrysler.                         
    Looked at another way, one in seven Canadians is directly or indirectly     
employed in the auto industry, one in six in Ontario.  The car industry is the 
biggest single contributor to Canadian GDP, accounting for 12% in Canada       
overall, and 20% of Ontario"s GDP.  Ontario is the number two auto-producing   
jurisdiction in North America, after Michigan.
Ya que les pauvres qui parlent de sous


Offline andreis

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Re: Ontario"s Car-Dependent Economy
« Reply #1 on: Thursday 05 May 2005, 14:40:46 »
Standard & Poors a cotat astazi (5.05.2005) in scadere bondurile GM si Ford, principalele arme de finantare a celor doua mari companii
intreaga bursa americana a scazut dupa anunt

asta dupa ce, ieri, GM a inregistrat cel mai mare salt de pret pe bursa, in ultimii 16 ani - 18 % (crestere saptaminala de 24 %), pe fondul intentiei declarate a miliardarului american Kirk Kerkorian, de a investi mai bine de 800 milioane dolari in actiuni ale gigantului american

poate ca nenea kirk vrea sa cumpere la pret mic, de aici si decotarea facuta de S&P   ;D ;D ;D
« Last Edit: Thursday 05 May 2005, 14:48:45 by andreis »
Ya que les pauvres qui parlent de sous