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