Canada's winners and losers in new trade deal with US

Regional pact that includes Mexico will drive up car industry at expense of dairy farmers

After oil and gas, motor vehicles are Canada's most important export, with the vast majority bound for the US. Last year, Canada shipped C$80 billion worth of fully assembled cars and trucks to the US.
After oil and gas, motor vehicles are Canada's most important export, with the vast majority bound for the US. Last year, Canada shipped C$80 billion worth of fully assembled cars and trucks to the US.PHOTO: AFP

For Mr John Henry, the mayor of the southern Ontario city of Oshawa, the past year of tumultuous trade talks between Canada and the United States should never have happened.

His city - with a population of 160,000 and less than an hour's drive from Toronto - is home to General Motors' (GM) main assembly line for the Impala sedan, a stock standard for car-hire fleets, and the popular Silverado truck, a 285-horsepower behemoth with a fuel tank so big that it costs C$150 (S$160) to fill.

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A version of this article appeared in the print edition of The Sunday Times on October 07, 2018, with the headline 'Canada's winners and losers in new trade deal with US'. Subscribe