Description: Ford, although heavily pursued by the Ontario government and the auto workers union, decides to make its next $2 billion investment in Mexico. This is yet another indication that big automobile companies may be slowly moving its investments out of Ontario.
Source: CBC
Date: October 24, 2014
Video Link: http://www.cbc.ca/player/News/Business/ID/2570147233/
Questions for Discussion:
- What benefits would this investment have offered to Ontario?
- What were some of the factors that led Ford to select Mexico over Windsor, Ontario?
- Suggest ways that can help Canada compete better with developing countries such as Mexico and China in attracting foreign investments.
Leave a Reply