Coalition of Concerned Manufacturers and Businesses of Canada release statement against Freeland’s call
by CM Staff
The CCMBC says that Freeland's comments were erroneous at the Davos global forum.
TORONTO — The Coalition of Concerned Manufacturers and Businesses of Canada (CCMBC) say they were ‘shocked’ to hear Canada’s Deputy Prime Minister and Finance Minister, Chrystia Freeland, state at the World Economic Forum (WEF) meeting in Davos, Switzerland that all Canadian manufacturing must be “retooled” to conform to the Liberal government’s net zero goals.
“This statement demonstrates a complete lack of knowledge about the Canadian manufacturing sector and what it requires to continue to provide well-paid jobs to Canadians and sizeable tax revenues to governments,” said Catherine Swift, CCMBC President.
The CCMBC statement said the federal government had a “lack of understanding of the operation of the Canadian economy and various business sectors,” and that “this Liberal government does not undertake meaningful consultations with manufacturers and other business sectors.”
The CCMBC said that Freeland’s message may be disturbing to manufacturers. Swift added “Throughout the tenure of this government, the only things that have been helped along by their policies have been the exodus of investment, stagnation in the vital oil and gas sector, further erosion of manufacturing, massive taxpayer subsidies of profitable foreign companies in the declining Electric Vehicle and battery sector, deteriorating national unity and a worsening competitive environment for Canadian firms.”