World Economy

GM Cutting Jobs in Canada

GM Cutting  Jobs in CanadaGM Cutting  Jobs in Canada

General Motors Co. will cut 625 jobs at its auto assembly plant in Ingersoll, Ontario, by the end of July as it moves some production work to Mexico, the president of Canada’s largest autoworkers union said, Reuters reported. The union blamed the North American Free Trade Agreement and Mexico’s cheaper labor costs for the job losses, which it called unjustified given strong sales of the Chevrolet Equinox crossover and GMC Terrain sport utility vehicle assembled in the southern Ontario plant. “This came right out of left field,” said Jerry Dias, president of the Unifor union. “This (has) nothing to do with Trump, but it has everything to do with NAFTA.”


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