GM plant in Oshawa set to shut down

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  • Опубликовано: 25 ноя 2018
  • General Motors is expected to close its Oshawa, Ontario, assembly plant end of 2019, potentially affecting over 2,500 employees.
    To read more: cbc.ca/1.4920438
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Комментарии • 785

  • @chriscampbell8074
    @chriscampbell8074 5 лет назад +130

    The Oshawa plant has been swirling around the toilet bowl since the bailout. If you didn't see this coming, you were blind to the obvious inevitable reality. It was just a matter of time, this should come as a surprise to nobody.

    • @internationaltraveller4222
      @internationaltraveller4222 5 лет назад +2

      True. One has to ask if they are cheaper than Mexico or some of the locations in the middle of the US

    • @dudeiusguyson3765
      @dudeiusguyson3765 5 лет назад +2

      Ya they failed to improve automotive quality and reliability. Atleast its a long term plan, they are closing and retooling for "lighter and fuel efficient , electric vehicles".

    • @nancywebster9019
      @nancywebster9019 5 лет назад +1

      go with the time use the buildings for POT Plants

    • @maurixiogarciasanchez7187
      @maurixiogarciasanchez7187 5 лет назад +8

      Canada has to come up with its own technology , the more dependable from the US the more failures we going see.

    • @aai3661
      @aai3661 5 лет назад

      I wouldn't have been surprised before the new NAFTA deal. It is going to bring automotive jobs back so I thought they'd hold on.

  • @martinsFILMS13
    @martinsFILMS13 5 лет назад +31

    the CEO of GM made over 21 million dollars just last year, this is a golden age for CEO's and management, dark ages for the workers.

    • @jab2179
      @jab2179 5 лет назад +1

      Marcin 13 news flash its always been that way.

    • @martinsFILMS13
      @martinsFILMS13 5 лет назад +1

      @@jab2179 yep and will be for the foreseeable future the workers will keep on getting screwed.

    • @wisenber
      @wisenber 5 лет назад +1

      @Marcin "the CEO of GM made over 21 million dollars just last year..."
      ...and they're looking to reduce billions in costs. That's about 250 years of 21 million dollars a year.
      "this is a golden age for CEO's and management"
      Actually they're earning less than fifteen years ago.

    • @martinsFILMS13
      @martinsFILMS13 5 лет назад +1

      @@wisenber lets start with reducing the CEO pay and then go from there.

    • @wisenber
      @wisenber 5 лет назад +1

      @@martinsFILMS13 The cuts are supposed to save around $4B. That's over 160 years of CEO pay. If she worked for free,it wouldn't put a dent in it.
      That's a good way of ensuring that the least qualified CEO is at the helm though.

  • @stevesmith8484
    @stevesmith8484 5 лет назад +12

    This has nothing to do with leadership, Trudeau or otherwise, this is purely a GM business decision. Grow up with your comments.

    • @stevesmith8484
      @stevesmith8484 5 лет назад

      @James Currie Guess Trump did the same thing then.

  • @BlackBox863
    @BlackBox863 5 лет назад +140

    No one buys GM, ill never buy GM ever again

    • @jakesavage100
      @jakesavage100 5 лет назад +17

      So true, I've gone for Japanese quality. My GMs in the past gave my repair shop good business.

    • @rwr7260
      @rwr7260 5 лет назад +3

      I’m too busy boycotting Quebec and BC over pipe lines to worry about GM

    • @33PhP
      @33PhP 5 лет назад +1

      @@rwr7260 You forgot to mention Ontario...unless it has changed with Ford.

    • @mrbrainbob5320
      @mrbrainbob5320 5 лет назад

      @The People's Affront to Judea ouch atleast we can make a car Canada has no car.

    • @stea2494
      @stea2494 5 лет назад +8

      Buy Toyota vehicles made in Ontario, America’s 3 are only making disposable junk, very predictable that they will collapse. Start making quality vehicles and will buy them. Made in Canada or USA only. Never Mexican, never ever made in China (Buick Envision and future ford focus).

  • @carlosb1
    @carlosb1 5 лет назад +63

    Modern cars are like modern women, They have all the bells and whistles without the reliability, just a huge liability, no thanks.

    • @azeezsalvador2361
      @azeezsalvador2361 5 лет назад +4

      Ouch

    • @Dobermann.Kennel
      @Dobermann.Kennel 5 лет назад +2

      Love my 1994 Toyota Celica!
      I have a dog...no wife lol

    • @newtonraymond77
      @newtonraymond77 5 лет назад +2

      That's what happens when you choose the wrong make and model of women

    • @joelferguson8977
      @joelferguson8977 5 лет назад +1

      I completely agree!!!

    • @TheRealZJE313
      @TheRealZJE313 5 лет назад

      @@Dobermann.Kennel love my 95 SS IMPALA the best rear wheel drive and has a corvette engine in it and I do have a wife but it is off limits to her

  • @zongyang4707
    @zongyang4707 5 лет назад +13

    Everyone is out of credit to buy cars/trucks..Recession is coming soon..!

    • @Rhyme905
      @Rhyme905 5 лет назад

      i think if GM was selling enuff cars for ppl to be out of credit they would not need to close the factory !! XD

  • @blowinkk9396
    @blowinkk9396 5 лет назад +69

    Nice they take are tax dollars then close the doors. Sounds about right

    • @vladg5216
      @vladg5216 5 лет назад +2

      blame the union

    • @junioruncle4378
      @junioruncle4378 5 лет назад +12

      @@marksteiner2683 Goes to show you can't trust corporations. They take the handouts and leave anyway while giving executives huge bonuses.

    • @junioruncle4378
      @junioruncle4378 5 лет назад +6

      @Rob MFor corporations there is no such thing as common sense regulations. It's a corporate wet dream to have zero regulations and a race to the bottom.

    • @junioruncle4378
      @junioruncle4378 5 лет назад +6

      @@ChuckBeefOG If that is the case, how do you explain that four plants in the US are also closing?

    • @dwaynewladyka577
      @dwaynewladyka577 5 лет назад +2

      @Rob M Like how Stephen Harper bailed out Chrysler with billions of dollars?

  • @rodneywiggins8097
    @rodneywiggins8097 5 лет назад +7

    That's why you don't trust large corporations.

  • @robh1908
    @robh1908 5 лет назад +52

    Industry can't compete in Canada period.

    • @internationaltraveller4222
      @internationaltraveller4222 5 лет назад +4

      Quite ridiculous how high the pay is for a factory worker. It is not a surprise that with the high wages, the manufacturing would shift else where like Mexico, if not the US. It just cannot compete

    • @dwaynewladyka577
      @dwaynewladyka577 5 лет назад +3

      @Rob M Trolls are not the smartest. ^^ GM has also closed 4 auto plants in the U.S. That's Justin Trudeau's and Kathleen Wynne's fault? Blame NAFTA for causing manufacturing jobs vanishing from Canada. Brian Mulroney made that.

    • @dwaynewladyka577
      @dwaynewladyka577 5 лет назад

      @@internationaltraveller4222 Wrong. Blame NAFTA for this.

    • @dwaynewladyka577
      @dwaynewladyka577 5 лет назад +1

      @Yas Hamdi Why has GM closed 4 auto plants in America? That has nothing to do with Canada.

    • @m1garandm155
      @m1garandm155 5 лет назад

      what is canadian mentality ? @Yas Hamdi

  • @Darren51283
    @Darren51283 5 лет назад +6

    Inept governments often times survive into a second term here in Canada because their ruinous policies usually take slightly more than 4 years to start having an effect on things but this changes everything. What with the Alberta economy crashing and now this, and after just three short years, it's scary to think of where Canada will be at after a full four years of inept 'leadership'. Our only hope is for our 'leader' to pack his tickle trunk and f-off to India and to never return. Oh, and one more thing ... a clown costume should ideally be included in the tickle trunk, seeing as how that's the most befitting costumer for him.

    • @dwaynewladyka577
      @dwaynewladyka577 5 лет назад

      Alberta's economy is the best in Canada, despite oil prices going down sharply in 2014.

  • @farmerdude3578
    @farmerdude3578 5 лет назад +7

    Big Government and big unions are real good at destroying business.

  • @karenm3816
    @karenm3816 5 лет назад +6

    Welcome to reality around the world...welcome to Alberta's plight....☹☹☹... ...you're not the first...you're not the last...more closures will come...

  • @deathpenguin005
    @deathpenguin005 5 лет назад +42

    I love how it's mentioned that Trumps bringing back industry while he's exporting jobs like crazy. As well as having his stuff made in China

    • @deathpenguin005
      @deathpenguin005 5 лет назад +9

      @internet ! many of the jobs created by Trump are not living wage jobs so they live strongly on the social safety net, like Walmarr employees. I mean hey we opened a whole new industry with marijuana and we're only a month in so we'll see job growth there.

    • @deathpenguin005
      @deathpenguin005 5 лет назад +6

      @Rob M Working for the billionaire class yes, not the average American. The stock market reflects how the rich are doing. I mean you're welcome to look it up, but I know the Carrier jobs he claimed to save a while ago we exported to Mexico.

    • @deathpenguin005
      @deathpenguin005 5 лет назад +2

      50% of Americans, make $30k or less a year. Haven't looked at the Canadian numbers lately, but it's probably similar. Yes I am aware that the average person can invest in stock, you are a lucky you have the spare capital to invest in stock. So over all, the stock reflects how the well of and corporations are doing it doesn't accurately reflect have the everyday person is doing, since many don't have the money to invest in stocks.

    • @bmw803
      @bmw803 5 лет назад

      It's not about Trump. If you run a huge company, you don't look at what will happen in the next 4 years. Who says Trump will remain president after 2020? The next president might be a socialist like Bernie Sanders. Then what? America isn't much more competitive than Canada is. Over-regulated, over taxed and too many legal risks. Any big company is always at a hair away of being sued for some "political correctness" stupidity. Not enough gays on the board, too many men on the floor, a muslim can't get a break when he decides to do a prayer, etc. And finally the UAW doesn't help either. A bunch of entitled unionized workers are pricing themselves out of work. Hope they figure it out once they get their pink slips.

    • @BikingWIthPanda
      @BikingWIthPanda 5 лет назад

      @Rob M lol

  • @judithjackson1086
    @judithjackson1086 5 лет назад +16

    My friend used to work there after getting his diploma as a mechanical engineer and thank God I encouraged him to go back to school and get his degree

    • @karenm3816
      @karenm3816 5 лет назад +3

      Judith Jackson ...higher educations get most people NO WHERE!!!

    • @crazycanuck2578
      @crazycanuck2578 5 лет назад

      @@karenm3816 That's for sure, I know a few of them that are flipping burgers at McDonald's and Burger King, Their higher education priced them out of the market.Not too many companies want to hire someone who's more educated than some of their top CEO"s and that's pretty sad, I know that I would want someone with the brains to work for me, not some high school dropout.

  • @gaming_henry
    @gaming_henry 5 лет назад +12

    To all the Candian haters on here. GM are closing more plants and losing more jobs in the USA than anywhere else. Its GMs core business that suffering. Their car sales are plummeting, whilst the Trump tarrifs are adding to the raw materias costs. All the time Tesla is taking the the largest sales (by value) and growing. GM is the first of many established car companies heading to the wall.

    • @toledojeeper2932
      @toledojeeper2932 5 лет назад +1

      Nobody wants cars , trucks sales are climbing . Ft Wayne GM plant is working 6 days a week with unlimited OT .

    • @gaming_henry
      @gaming_henry 5 лет назад +3

      @Chadwicked B Appart from the MASSIVE growth they are going through, whilst selling every car they can make and still haven't started on the backlog in Europe (which is the larget s market for Sedans). But don't let facts get in the way.

    • @JohnPitt920
      @JohnPitt920 5 лет назад +2

      It has nothing to do with GM sales, they're closing plants in the US and Canada and moving to Mexico for cheaper labor.

    • @chopaface
      @chopaface 5 лет назад

      GM is clearly dying, good to sell to China to take over hahahahahaha

    • @wisenber
      @wisenber 5 лет назад

      @GoldenBunips "Its GMs core business that suffering."
      Actually SUV, crossover and truck sales are doing well. Their hybrid, electric and sedan business is what's failing.
      "All the time Tesla is taking the the largest sales (by value) and growing. "
      Really? How many vehicles did Tesla produce in the last 12 months? How many trucks did GM sell in the same period?

  • @MurrayBogart
    @MurrayBogart 5 лет назад +16

    general motors fishing for handouts. Never trust what they say to be the truth

    • @redrose-wb4bw
      @redrose-wb4bw 5 лет назад +2

      Bombardier had no trouble cajoling cash out of the Liberal pocket.

    • @bmw803
      @bmw803 5 лет назад +2

      Nothing is free my friend. Do me a favor, and I'll do you one.

    • @dwaynewladyka577
      @dwaynewladyka577 5 лет назад

      @@redrose-wb4bw Stephen Harper lost billions bailing out Chrysler. What a good bot you are. So up to date on reality. Not.

    • @redrose-wb4bw
      @redrose-wb4bw 5 лет назад

      Thanks for the repeat Dwayne, not news, what a good bot you are too. Trudeau gave a few people lots of cash as well. Which one is a better deal for Canadians? I'd say none, government should stay out of private business. Cool your liberal enthusiasm, bot.

    • @jimwilson7403
      @jimwilson7403 5 лет назад

      how do you figure they are fishing for handouts when they are announcing a plant closure?

  • @pandabacon8120
    @pandabacon8120 5 лет назад +20

    is this how the Economy grows from the heart outwards?

    • @Someguyto
      @Someguyto 5 лет назад

      I used to work in textiles. in 2006 those jobs were almost completely gone. I don't think Trump can bring those jobs back.

    • @donmcdonald8630
      @donmcdonald8630 5 лет назад +1

      Panda Bacon - That is EXACTLY what he said as an election promise.

  • @bobbypaluga4346
    @bobbypaluga4346 5 лет назад +7

    You can't compete with imports when UAW have pushed wages up so high to be uncompetitive. If GM is moving thee jobs to Mexico as Ford and Toyota did the Canadians should charge a duty when vehicles are shipped into Canada from Mexico as an incentive to keep making cars in the US and Canada. Add $3000 on every Mexican made vehicle imported into Canada and suddenly it's not so cheap to make cars in cheap labor countries.

    • @TheCladi8or
      @TheCladi8or 5 лет назад

      Wages have ZERO to do with this... GM quality and lower sales is why....PERIOD

  • @JohnPitt920
    @JohnPitt920 5 лет назад +1

    GM is closing plants in the US too. You know how to stop this crap? Put a 25% tariff on all their cars entering the US and Canada from Mexico. They're moving these plants to Mexico for cheaper labor. Make them pay a 10,000 dollar tariff to bring those trucks and SUV's in from Mexico and they'll be moving the factories back the next day.

  • @tholeetruck
    @tholeetruck 5 лет назад +1

    It's the US fate. All our company are going to Mexico and China. An employee in the US cost $30 per hour at general rate. An employee in China and Mexico cost $3 per hour. The math is simple we lost.
    Imagine if you were an employer, which of these two numbers would you want to pay your employee?

  • @johnlitzgus165
    @johnlitzgus165 5 лет назад +10

    It's pretty sad 50,000 Alberta oil field workers are unemployed and 3000 GM plant and you get twice the whining

    • @buffsheeri
      @buffsheeri 5 лет назад +1

      They threw the dairy industry under the bus for layoffs in the auto sector....way to go Gov

  • @ParissaKhoury
    @ParissaKhoury 5 лет назад +95

    This is what happens when a country has weak leadership

    • @redrose-wb4bw
      @redrose-wb4bw 5 лет назад +11

      Great comment if you mean Trudeau and his liberals. Trudeau has to punish Ontario for voting conservative.

    • @jerbear1601
      @jerbear1601 5 лет назад +10

      The weak leadership is south of us. The retraction of American businesses inward is the signal of the end of their Capitalist empire. Trump wants ALL business to return to make his ridiculous past statements true and he is willing to destroy the world economy and that of the U.S. to do it. The U.S. is not what it once was and not because of the reasons the uneducated current president spins but because of big money controlling and imbalancing government.

    • @bbhfjdy9175
      @bbhfjdy9175 5 лет назад

      @@jerbear1601 that say more about Canada, that us is offering companies better deal

    • @kenbob1071
      @kenbob1071 5 лет назад +1

      @@redrose-wb4bw No, he's talking about tRump and his fascists, of course.

    • @whatsthebigfndeal
      @whatsthebigfndeal 5 лет назад +1

      Eddie b
      This is what happens when you let socialist labor unions control an industry

  • @barrythomas6429
    @barrythomas6429 5 лет назад +1

    GM is doing this worldwide. If the workers are willing to take $5 an hour, they may save the plant.

    • @kenchilton1319
      @kenchilton1319 5 лет назад

      Ya you should think of future before going on strike.

  • @gregperry6197
    @gregperry6197 5 лет назад +5

    Didn't Morneau just say there is no evidence of capital flight yet? Like this weekend?

    • @russellewis3331
      @russellewis3331 5 лет назад

      There's been at least $100,000,000,000 in capital flight from energy alone, to say nothing of the $180,000,000 USD per day going to USA on oil price differential.

    • @gregperry6197
      @gregperry6197 5 лет назад +1

      Yes that's my point, the guys in charge are either lying about everything or hopelessly inept. Both are bad.

  • @BCSteelhobo
    @BCSteelhobo 5 лет назад +1

    If the government also wants to give me a 3 billion dollar "bail out" I can employ 4000 people for 9 years at $83K/year. Sound familiar?

  • @rxwhat33
    @rxwhat33 5 лет назад +12

    Gm makes a garbage product, people are not buying them as much anymore, hooefully they will be let to fail this time with no bailout.

    • @toyoscio
      @toyoscio 5 лет назад +1

      People need jobs

    • @rxwhat33
      @rxwhat33 5 лет назад +2

      @@toyoscio true but how long will your job last if your working at a failing company and how long are you going to stay on a sinking ship before you realize its time to jump ship or go down with it?

    • @williamsmith3847
      @williamsmith3847 5 лет назад

      @@toyoscio They can work on their own small farm if nothing else. People do not need to have jobs "provided" for them at taxpayer expense.

    • @toyoscio
      @toyoscio 5 лет назад

      @@rxwhat33 True, that is why these workers are unionized.

    • @toyoscio
      @toyoscio 5 лет назад +1

      @@williamsmith3847 True, but it is nice to have, plus some of these workers don't know the value of saving for a rainy day or times like these. They think the good times will roll with no issues.

  • @internationaltraveller4222
    @internationaltraveller4222 5 лет назад +13

    Do you feel a recession is coming?

    • @mealien0808
      @mealien0808 5 лет назад +2

      i feel Russia is coming

    • @karenm3816
      @karenm3816 5 лет назад +1

      OptionLearner Ltd ....recession never left !!!!

    • @toledojeeper2932
      @toledojeeper2932 5 лет назад

      No

    • @internationaltraveller4222
      @internationaltraveller4222 5 лет назад

      @Chadwicked B I spent a long time in Hamilton, ON when going to McMaster. It certainly felt like a dead city. 1986. I guess I started my studied in 1986 at McMaster but left somewhere in 92

    • @MatrixDiscovery
      @MatrixDiscovery 5 лет назад

      We never left the 2008 recession....we were just hiding it with all the bailouts and money printing.

  • @tommyjesso5668
    @tommyjesso5668 5 лет назад +2

    I live in Oshawa and I new 3 years ago that the plant was going to shut down. So it shouldn't be a bid surprise to anyone. But then again people are living in denial

  • @meekiss
    @meekiss 5 лет назад +1

    14k salary workers laid off. Why don't you hear them complaining about their jobs? Time to actually start thinking, no one owes anyone a job

  • @jimihand
    @jimihand 5 лет назад +23

    Let's take a live look at a building with nothing happening around it

  • @garyb8186
    @garyb8186 5 лет назад +3

    wonder how many of the GM workers drive foreign cars.

  • @bobhennis3585
    @bobhennis3585 5 лет назад +1

    one thing about the auto industry, union labor is bad for business. i spent 3 weeks at a ford plant for some training. i was not union but everyone else was. if you want to destroy production hire union. me and the other 6 of us in training were told several times to slow down producing the part.bu the end of the second day we were offered jobs and had our life threatened by lazy union labor. if the union help put as much effort into their job as they did keeping track of their 5 or 6 breaks ford would be able to give away every third car. the only way to survive is to escape the unions, that means mexico . you can't pay someone $45.00 an hour to sweep the floor and stay in business.

  • @wifferste
    @wifferste 5 лет назад +2

    I remember reading somewhere that Oshawa had become an expensive place to build cars. It's sad to see but at the same time not surprising. Ford was right, the writing had been on the wall for quite some time.

  • @internationaltraveller4222
    @internationaltraveller4222 5 лет назад +8

    Well, this will hurt the real estate market in Oshawa.....Don't know if it ends up like Detroit.

  • @stokerboiler
    @stokerboiler 5 лет назад +1

    You gotta shut down plants in order to convert them to make products that sell.

  • @YensecaTube
    @YensecaTube 5 лет назад +30

    Dont forget that in 2015 Harper sold Canadas shares of GM to balance the budget...and at a loss of about 3.5 billion dollars. I said it then, this will cost Canada dearly in the long run. I thought it would take longer for GM to pull out but the sale of those shares Left GM with no incentive to stay and the government no leverage to negotiate them staying.

    • @mmmmmm6543
      @mmmmmm6543 5 лет назад

      YensecaTube can you tell me more? Or is there links of info? I’m really interested in this point

    • @YensecaTube
      @YensecaTube 5 лет назад

      @@mmmmmm6543 www.huffingtonpost.ca/2015/04/08/gm-share-sale-canadian-government_n_7024464.html

    • @YensecaTube
      @YensecaTube 5 лет назад

      @@mmmmmm6543 www.cbc.ca/news/politics/general-motors-shares-conservative-government-sells-remaining-stake-in-automaker-1.3022822

    • @YensecaTube
      @YensecaTube 5 лет назад

      @@mmmmmm6543 www.ctvnews.ca/canada/ottawa-sells-remaining-shares-in-general-motors-1.2314583

    • @Kman31ca
      @Kman31ca 5 лет назад +1

      Oh BS. You think just because we owed shares in the company, they would stay while being overtaxed, competing with union wages and full benefits when the company can be relocated and cut employee wages in half. And pay less taxes, less for electricity, etc. Nice try to blame the conservatives. Canada has not been business friendly since the Trudeau government got in power.
      Go look at how investment and Capital flight are doing throughout Canada. Then add on a CT on top of the already burdensome taxes and it's common sense why no business wants to stay in Canada.
      www.ctvnews.ca/business/rbc-warns-investment-outflow-from-canada-already-underway-in-real-time-1.3866993
      www.theglobeandmail.com/business/commentary/article-canada-needs-a-better-approach-to-foreign-direct-investment/
      business.financialpost.com/news/economy/foreign-direct-investment-in-canada-plunges-on-oil-exodus-1
      Unless we start giving meaningful tax relief to business, and open barriers that lobbyist tied to the Liberal party, fight to keep going, we are headed for a disaster...

  • @hebber1961
    @hebber1961 5 лет назад +4

    I thought leftie CBC would be happy? Less cars are good, no?

  • @rebeccafridaylover
    @rebeccafridaylover 5 лет назад +11

    Ontario is open for ... business?

    • @redrose-wb4bw
      @redrose-wb4bw 5 лет назад +1

      @Rob M well said. That's the problem with Liberals, they share these morons like Gerry B.

    • @tommywong3147
      @tommywong3147 5 лет назад

      Its a balancing act sometimes do you want a lower tax and more jobs and better economy or higher tax but less job . its always better to get your tax money from property than corporate tax cause it is highly competitive due to globalization

    • @bmw803
      @bmw803 5 лет назад

      The idea should be, TAX SHOULD BE KEPT AT A BARE MINIMUM. This way everyone is competitive. But that's bad politics. Politicians are there for political benefits, not economic benefits. If they economy does well, it involves everyone expect the government bureaucracy. They look after THEIR benefit, but that practice fucks everything up and then EVERYONE loses.

  • @mattronwilliams7327
    @mattronwilliams7327 5 лет назад +2

    Part of the problem is the union demanding very high pay and generous benefits for jobs that only require a high school diploma.

  • @kenbob1071
    @kenbob1071 5 лет назад +3

    Don't worry GM workers. Trump says Mexico will pay -for the Wall- your salaries.

  • @1013VS
    @1013VS 5 лет назад +2

    Well about time GM realized that paying someone $25/hr to bolt a screw, for a mediocre build quality vehicle, is not worth it.

  • @1aikane
    @1aikane 5 лет назад +1

    Is the target to eliminate Union jobs?

  • @MrHarveyrex23
    @MrHarveyrex23 5 лет назад

    Technological unemployment and automation has already eliminated 5 million plus manufacturing jobs in Ohio, PA, MI, and WI. Something the US corporate media hasn't reported.

  • @jdu5732
    @jdu5732 5 лет назад

    A company that is now profitable still owes us $1B, and we are not pursuing this? If they dont keep the plant, we stop all governmental purchases of GM vehicles in Canada, including police, fire engines, ambulances, military. And go after the $1B.

  • @tommyjesso5668
    @tommyjesso5668 5 лет назад +1

    Will World War 3 will be starting soon so maybe GM will start making military equipment again . like they did back in the day here in Oshawa.

  • @Ebugster
    @Ebugster 5 лет назад +1

    There's only one word, Unions. It's a world market.

  • @NaYawkr
    @NaYawkr 5 лет назад +1

    Time for the Canadians to re-Invent the best Taxi Cab ever built, the CHECKER CAB. Now a plant that built big full sized saedans would be the perfect factory to dedicate to the New, Updated, CHECKER Cab ! A Checker cab went through any weather, carried massive luggage, ahd fold down jump seats to fit more people, and when they were not being used the Taxi Passengers could get up and walk over to the back of the front seat, a Big Bench Seat.

  • @tykohondo
    @tykohondo 5 лет назад +1

    GM bailed out from India as well all of a sudden...cbc should look into that as comparison

  • @MyKonaRC
    @MyKonaRC 5 лет назад +2

    Im sorry but if I owned a company, my workers have no say in how or where I do business. You can't force me to keep my business open in your country or stop me from moving. Get over it, you'll find a new job... :)

  • @MrDannii83
    @MrDannii83 5 лет назад +2

    Canada needs to have there own car company for Canadien consumer and stop importing vehicles from abroad.

  • @BCSteelhobo
    @BCSteelhobo 5 лет назад +1

    It would have been cheaper to give all potential 29,000 affected workers $100,000 nine years ago rather than "bail out" the company.

  • @thismodernmonkiedelection1647
    @thismodernmonkiedelection1647 5 лет назад

    Years of broadcasting CEO lawsuits, product defects, deaths caused, recalls back to 1999. How can with all this, stay afloat?

  • @antr7493
    @antr7493 5 лет назад

    it cracks me up how everyone is surprised that GM would care about a community. The big three decimated small towns and cities in the US. It's all about their stock price.

  • @thomaslang9601
    @thomaslang9601 5 лет назад +2

    I love the response from Justin...a tweet", something a 6 year old could do...Is that all we can expect from the leader of Canada, to "tweet" whenever the US Media announces something. At least on a provincial level, we might have a chance of lowering our corporate tax rate now that the Liberals aren't in power and finished costing us Billions in Gas Plant Scandals, etc, etc.

  • @christopherhoppp8979
    @christopherhoppp8979 5 лет назад +1

    That's the thanks we get,,, remember Obama bailed them out 10 years ago to straighten up,,, and now we still Broke,,,, America going Down 😯😯😯😯

  • @g6kwan
    @g6kwan 5 лет назад +1

    So sorry for the workers, may God bless you in the future

  • @trevmac8362
    @trevmac8362 5 лет назад

    i feel empathy for the wives and children of the workers especially right before Christmas,i know what it's like because i lost my job right before Christmas once ,it's scary

  • @clubber-t
    @clubber-t 5 лет назад +31

    I'm guessing they are not into paying a tax on something we exhale...

    • @Renaissanceman86
      @Renaissanceman86 5 лет назад

      Who in their right mind would be...plenty of business-friendly countries to go to.

    • @clubber-t
      @clubber-t 5 лет назад +4

      @jukebox symposium yet the hippies keep driving them to their protests, where they also leave tons of garbage for others to clean up...

    • @dwaynewladyka577
      @dwaynewladyka577 5 лет назад +3

      @@clubber-t GM has also closed 4 auto plants in America. Something is wrong with your statement.

    • @wisenber
      @wisenber 5 лет назад

      @jukebox symposium " there is a genocide going on with just automotive by-products...."
      Like commuting to work, grocery shopping, vacation travel and personal autonomy?
      What's the cost of not having those?

    • @wisenber
      @wisenber 5 лет назад

      @jukebox symposium "Guess that is a direct result of your beloved car culture.... I personally ride a bike..."
      You'd be great in China. Most don't want to commute to work on a bike when it's minus 15 or be limited to a couple of small bags of groceries..

  • @garyquinlan4075
    @garyquinlan4075 5 лет назад

    Note in the opening it said that the union employees were among the highest paid in the country. This mirrors GMs Australian subsidiary Holden which closed its plant in 2017 and the Holden workers were the highest paid shift workers in Australia at the time. In fact, at the time of closure, a Mercedes Benz production employee in Stuttgart was earning a mere 55% of what a Holden production employee was earning in Australia.
    It doesn't take an Einstein to figure out that if GM is in trouble (which they are), then the plants with a comparatively high labour cost are going to get culled first.

  • @DR-uj2dd
    @DR-uj2dd 4 года назад +1

    People are still buying GM cars... Canadians are you drunk?

  • @mxferro
    @mxferro 5 лет назад +1

    Ok..look at the WHOLE situation, its easy!!
    ..Cars currently made at Canada plant are...
    Cadillac XTS (2012-2019)
    Chevrolet Impala (1999-2019)
    Chevrolet Silverado (2018-2019)
    GMC Sierra (2018-2019)
    Now...
    The current-generation Impala is also sold in the Middle East, China, and South Korea.
    The current impala AND that caddy are based on the GM Epsilon II platform used around the world. Soooo...
    GM is closing a old plant in a more LABOR expensive country..and cause of the tariffs WILL shift production of cars to the GM PLANT in China that already uses the SAME platform!! IN CHINA GM in partnership with Roewe ...introduced the Roewe 950 is a large four door saloon that is produced by Roewe in China, and is based on the 2010 Buick LaCrosse.(using the GM Epsilon II PLATFORM).... It was first shown to the public at the 2012 Beijing International Motor Show, And commenced production in April 2012.
    Roewe 950 Manufacturer Roewe (production 2012-present ) GM Assembly Lingang, Shanghai, China
    There goes jobs to plant in China facing TARIFF by that bozo in the white house...to lower paid workers (no UNIONS!) and ever growing Chinese market for GM based cars.
    The truck manufacturing will go to other GM plants that already make those same units..as usually not just ONE plants makes only one vehicle.

  • @SirLouisTheThird
    @SirLouisTheThird 5 лет назад

    Car plants aren't the only ones closing my dad's helicopter plant closed and they moved the company to the Southern States

  • @thevultrantransituniverse1487
    @thevultrantransituniverse1487 5 лет назад

    People who tries to fight to keep GM Oshawa open need to just give up. FIghting against it would make the situation worse.

  • @donmcdonald8630
    @donmcdonald8630 5 лет назад +2

    How do Canadian citizens send this Liberal government a non confidence motion?

    • @donmcdonald8630
      @donmcdonald8630 5 лет назад

      I think Canada's Senate could do that. I think but I don't know for sure.

  • @pennywisetheclown9090
    @pennywisetheclown9090 5 лет назад

    I thought the plant already shut down, hence why lindsay, Belleville, etc... Had a huge surge in independant contractors

  • @OUigot
    @OUigot 5 лет назад

    Plants stay open when there are customers, there are customers when people are working, people are working when there are jobs. Half of Canadians can't afford a car on their part-time and minimum wage jobs, and taxed up to the eyeballs. Notice a lot of retail sectors have "for lease" signs in the windows, the answer is in plain sight, and GM closing is not a surprise.....It's the beginning of the crash!!......and we have boy-wonder as our leader, that's the horrifying part.

  • @stevenboyd5969
    @stevenboyd5969 5 лет назад +3

    Was thinking of a new Silverado...but, not now...good luck G.M.!

  • @mazibukomail
    @mazibukomail 5 лет назад

    In May of last year, the GM plant in Port Elizabeth (South Africa) closed down, that plant had been in operation since 1913. 1500 jobs were lost.

  • @noid8814
    @noid8814 5 лет назад +2

    Stop buying GM Canadians

  • @jeffjanson8530
    @jeffjanson8530 5 лет назад +1

    People need to make there own cars. Education key to everything. No payment and your the artist one of a kind.

  • @Babel2.0
    @Babel2.0 5 лет назад

    Since GM is closing 3 plants in the US, it had no choice politically but to close a Canadian plant. The decision was as much political as commercial.

  • @turdferguson74
    @turdferguson74 5 лет назад +1

    Highly paid unskilled workers. If they are so talented then they should easily be able to pool their severance pay and start a company. Maybe hire jerry Dias to run it.

  • @billdall6536
    @billdall6536 5 лет назад

    It all has to do with imports and exports... If north america set limits on the amount of imports like other countries do...we would be forced to buy our own witch would keep jobs and potentially keep cost down and not have to overprice our vehicles.

  • @piobmhor8529
    @piobmhor8529 5 лет назад

    The ink is barely dry on the USMCA and the effects of Trudeau and the Liberals selling out is just being felt now. I’ve been on this planet long enough to have seen this before. To the GM workers, you have my sympathy. I have been in your shoes before. Eventually things get better.

  • @1949coupe
    @1949coupe 5 лет назад

    Anyone was surprised by this? I said this two years ago. There is a large amount of overcapacity in this industry. While say the Germans who were late to the electrification party have been spending 100s of Billions of Euros on electrification, plant upgrades, new platforms. Most of the German states (Baden-Wurtemberg, Bayern Sachsen) have contributed Billions. How much has Ontario spent, either Government or companies? ZERO......nada...nothing. Why? Those vehicles will be made in the USA or Mexico. As GM shuts plants here, the slack will be taken up by GM in Mexico. Wait for the impact when Bombardier exists aviation. These 2300 jobs in Oshawa will be a rounding error.

  • @russellewis3331
    @russellewis3331 5 лет назад +1

    Amazing that trudeau was in Calgary last week and had no ideas how to help unemployed Albertans or help fix the destroyed oil industry. Then morneau didn't want to spend money on rail cars to ship oil. Sorry, nothing we can do to help. But now southern Ontario may lose some jobs, let's have emergency debates, where's the chequebook, what can we do to help. Nice to know where you fit in a country, or rather nice to know you'll never fit in a country. Alberta and Saskatchewan will separate soon. Does anyone want to come with us?

    • @dwaynewladyka577
      @dwaynewladyka577 5 лет назад

      Alberta and Saskatchewan will not separate soon. Oil is a fluctuating commodity. Peter Lougheed, the only good Alberta Tory (PC) premier, had oilfield experience. He knew that oil is not a stable commodity. The governments of Canada can't stop oil prices from collapsing. They can't stop Saudi Arabia from flooding the market with cheap oil. Nor can they stop America from having shale oil production.

  • @frankdenardo8684
    @frankdenardo8684 5 лет назад

    Oshawa Ontario is the heart of general motors. I have a 1979 Chevrolet Caprice classic that was built their in October of 1978.

  • @raguthanabalasingam2166
    @raguthanabalasingam2166 5 лет назад

    Where is it going?

  • @shawnl3154
    @shawnl3154 5 лет назад +1

    What if we give them billions ? Will they stay then ?

    • @lizholmes5127
      @lizholmes5127 5 лет назад

      No, they told Doug Ford, we are out of here!

  • @leotimtom6637
    @leotimtom6637 5 лет назад

    Delusion of grandeur- a 10 bucks an hour job market versus a 250 000 dollar average house price.

  • @psewgobind
    @psewgobind 5 лет назад

    GM took our bail-out money and screwed us. It's now becoming a liability to support their car companies when we can build our own cars. Instead of burning money to keep this failed company afloat, our government needs to invest locally and encourage the big Canadian manufacturers to start their own assembly lines. We got the people, an example is the 2500 workers in Oshawa who now need jobs. If they're going to jerk us around this badly, no point playing back-seat to their fail automotive industry. We've got all the skills and know-how to make world-class cars that are Canadian (not American).

  • @aai3661
    @aai3661 5 лет назад

    I live in the area. Ford has frozen GO improvements that would have increased my property values. Gov't won't stop molesting interest rates and now my city is losing its automotive. My property values are going to fall by 20% and maybe more as a result of all this. Can anyone tell me why I SHOULDN'T just sell and move to St John NB and buy a house plus rental units there AND be mortgage free?

  • @glennstiller7616
    @glennstiller7616 5 лет назад +1

    Boy is GM going to be surprised when they once again come for a government bail out and they get told to get stuffed. And Trudeau needs to grow a backbone. He might not be able to do much, but he could at least talk tough.

  • @DudeSweet072
    @DudeSweet072 5 лет назад

    Didnt GM get bailed out by the government? Ford didnt get a bail out, if i remember correctly.

  • @jackhandy0001
    @jackhandy0001 5 лет назад

    No big deal that 40,000 plus jobs were lost in Alberta...no retraining for me...

  • @martinkirouac
    @martinkirouac 5 лет назад

    They should restructure their products instead of their executive finance spreadsheets. GM’s main problem is product quality and this is why their market share is shrinking for the past 20 years.

  • @ScottyGard95
    @ScottyGard95 5 лет назад

    Not gunna be political... All I'm saying is that reporter was behind a green screen, not the actual GM plant

  • @littlegoobie
    @littlegoobie 5 лет назад

    not saying it is or isn't the case, but let's scan a larger section of the parking lot for us instead of an up close that showed a few GM's and that Jeep. that might be your answer right there. The next time you're going down the freeway, count the passenger cars on the road and get the ratio of domestic to imports and you'll be surprised (or maybe not).

  • @MatrixDiscovery
    @MatrixDiscovery 5 лет назад

    Stop bailing out the car companies. They never learn if you keep bailing them out!

  • @bfukngu8841
    @bfukngu8841 5 лет назад

    From my understanding it’s mostly plants that make cars. People are really buying cars as much as Trucks, SUV, and crossovers. I can understand why these plants are closing, especially if no one is buying sedans

  • @mikeglovic7254
    @mikeglovic7254 5 лет назад +7

    Boycott GM no Canadian should ever buy a GM ever again. Fight back smart!

    • @33PhP
      @33PhP 5 лет назад +1

      @Chadwicked B He did not say that GM was a canadian company!!!!!

    • @33PhP
      @33PhP 5 лет назад

      @Chadwicked B That is right except for workers like those of gm who got high incomes...Now, I am an happy owner of Hyundai Accent hatchback 2016 which did not cost a lot (on sale) and don't use much gas. No regrets and, yes, could not afford something bigger but at least it is so far a good car and reliable (like a Honda Fit which I owned for 9 years and did not spend much money on it). To conclude, I don't trust american cars for good reasons.

    • @mikeglovic7254
      @mikeglovic7254 5 лет назад +1

      @Chadwicked B never said it was lol. Im saying Canadians should boycott GM......lol

    • @larrymcbride782
      @larrymcbride782 5 лет назад

      I am a retired auto worker from lordstown ohio I used to by gm but I will never by a general motors again

  • @papawjohn9588
    @papawjohn9588 5 лет назад

    I think GM is out to get rid of unions. Also, if they keep ignoring quality problems, all plants will close, in time.

  • @markjohnston3502
    @markjohnston3502 2 года назад

    Too bad. It wasn’t long before GM made another decision to move Equinox production away from former CAMI plant in Ingersoll. I truly hope the EV production slated for Ingersoll is a success.

  • @tonylinardi3089
    @tonylinardi3089 5 лет назад

    Maybe if employees take a pay cut and a decrease in benefits, we'll keep the plant open.

  • @skAhnaksA
    @skAhnaksA 5 лет назад

    Now drive around the area and see how many GM cars are being driven around.

  • @Lantanana
    @Lantanana 5 лет назад

    I don't think this is some kind of evil plot. If you research the numbers, people have almost quit buying sedans. ALL car manufacturers are eliminating sedans. Ford is going down to just 1 or 2 sedans period! That is a much deeper cut that GM. GM has a lot of lines, and they also used to build whether the products sell or not. Under Mary Barra, the company is gradually shifting to a profit making company.

  • @aarongutierrez412
    @aarongutierrez412 5 лет назад

    When that plant closes GM will save 3 billion in wages. 29,000 employees × 100,000 per worker wage= 3 billion saved.

    • @aarongutierrez412
      @aarongutierrez412 5 лет назад

      It would only cost 10% to operate down south. That's only a quarter of a billion.

  • @joshd007
    @joshd007 5 лет назад

    How do we get our bailout money back, not to mention the millions of tax dollars to retrofit that plant to keep jobs?

  • @edwardhammer5427
    @edwardhammer5427 5 лет назад

    They're pulling 6 cars from their lineup as well! Rather that vs tax payer money going to another bailout!

  • @fanofmany71
    @fanofmany71 4 года назад

    Do parents really say to their kids, "You have to grow up to be an assembly worker!" these days?!?!? Nothing against the job - people who got into these positions in the past did so to support their families, etc. But looking forward, one cannot possibly think assembly plants will stick around?!!?! If you care about your kids, help them find jobs that will last - sure, people get fired, businesses change, etc. but think about the skills the future will need and help your kids focus on those. If they don't want to, prepare them for the reality... don't sugar-coat it. Life will be hard if you choose to pursue a career where there are fewer opportunities or where the demand will continue to shrink for a variety of reasons.