Question

1. Explain in your own words the developments during the past decade that have created problems for Canadian manufacturing .

2. should the Canadian government intervene more aggressively in the automobile industry to maintain employment? explain your reasoning

3. considerate the following statement "the Alberta oil sands development has had a negative effect on manufacturing in Canada because the emphasis on oil has driven up the value of the Canadian dollar and made Canadian manufactures less competitive in export markets". Do you agree or disagree with the statement? defend your reasoning

Answer 1

Ans: Manufacturing is a critical components of Canada's economy. The production, sale and distribution of finished products contribute to consumer and labour markets, and secure Canad's position as an economic Leader among developed nations.Major,medium-sized and small manufacturers produce goods used by Canadians and Contribute to the revenue gained from the export of goods to other countries.Since the early 2000s, the manufacturing sector in Canada has declined in response to changes in the Global economy and fewer regulatory controls over Canadian products.The composition and structure of the Canadian manufacturing industry is transitioning in response to these changes,aiming to produce new goods that are in greater demand.

Description:

The manufacturing industry produces a board range of products for an equally board range uses.For example,manufacturing provides equipment for exploring,developing,extracting,processing and distributing resources from land,oceans and forests.Equipment for these purposes may include hydroelectric generators,fishing Vessels,railway Locomotives,farm machinery,mining equipment and machinery for transforming oil, natural gas and coal into chemicals,textiles and telephones_ are manufactured for such purposes as housing, transportation and communication.Manufactured edible goods include beverages,dairy products,processed vegetables and meat.

Finally,manufacturing also includes machinery and equipment to package,handle,distribute,store and record all other manufactured goods.