The Canadian Automobile Dealers Association applauds the news on a major breakthrough on negotiations between Mexico and the United States on modernizing the North American Free Trade Agreement. “This is excellent news for our economy and industry, and, ultimately, the consumer,” said Michael Hatch, CADA Chief Economist. “More than a year of trilateral talks has … Read more
The Canadian Automobile Association has joined the Coalition to Keep Trade Free led by the Canadian Chamber of Commerce. “The continuation of free trade between NAFTA signatories is critical to the success of not only the automotive industry in both the U.S. and Canada, but all three economies at large. This is why we have leant … Read more
Canada’s auto industry is mobilizing with an anti-tariff campaign following the July 19 statement by Canada’s deputy ambassador to the United States that should auto tariffs be imposed on Canadian auto imports, Canada will implement “proportional” retaliatory tariffs. Dealers from across Canada will be launching a campaign to reach out to their Parliamentarians and urge them to … Read more
A new report released by the Canadian Automobile Dealers Association warns as many as 100,000 jobs could be at risk in a worse-case scenario automotive trade escalation with the United States. “The type of tariff under contemplation in the U.S. and any possible retaliation by Canada would be catastrophic for the industry, our economy, and … Read more
Statistics Canada data out today indicates that consumers’ overall lending flattened to end 2017, with the debt-to-income ratio dropping slightly from 170.5 per cent to 170.4 per cent in the final quarter of the year. “The fact that auto debt is decreasing in the context of continued record demand for new cars in Canada is a … Read more
Governor General Julie Payette signed into law Bill S-2, commonly referred to as Vehicle Recall Legislation. The Canadian Automobile Dealers Association supports this bill, which in its essence grants the power to order direct vehicle recalls to the federal Minister of Transport, aligning Canadian law with what has long been on the books in the United States. … Read more
The Canadian Automobile Dealers Association (CADA) is launching its election campaign platform in Ottawa, focusing on policy recommendations that will allow car dealers and small businesses of all kinds to continue to prosper in an increasingly challenging domestic economic environment. CADA’s federal policy priorities focus on further tax reduction for small businesses and consumers, a continued … Read more
The association is calling on the federal government to close a regulatory loophole that allows thousands of dirty and unsafe right hand drive vehicles into Canada every year. Call 613-230-2079.
