Skip to main content

Reply to "Economy in US and Canada"

Originally Posted by politikalamity:

Because energy is so cheap in North America, I see manufacturing moving back to North America in time and the economy gradually improving over time.

Energy indeed is cheaper, but manufacturing and other businesses will remain in Asia; especially in India.

 

Many major companies have moved most of their operations from Canada to India and other places.  Of the numbers that moved, one company moved about 90% of its operation to India and another moved similar percentage of its workforce to Indonesia; with of course the Canadian employees loosing their jobs

FM
×
×
×
×
×
×