Posthaste: Canadian auto sector innovates amid uncertainty
Canada’s auto sector is making drastic changes as it tries to stay afloat in the midst of trade uncertainty.
More than 80 per cent of Canadian original equipment manufacturers (OEMs) are adjusting their supply chains, while 70 per cent are looking to expand into new international markets and 62 per cent are changing the mix of products they produce to avoid tariffs, according to a survey by KPMG Canada.
For some OEMs, the changes are wholesale, with more than 15 per cent of...