Angelo DiCaro

Fair trade, eh? Is this what 🇨🇦 autoworkers have to compete against in anti-union & anti-worker "Right to Work" Alabama? #canlab U.S. sues Hyundai, others over child labor at Alabama parts plant autonews.com/automakers-sup… via @Automotive_News

FINALLY! The decrease is small, but much needed and long overdue. It's finally a signal that the @bankofcanada might ease the choke hold it has imposed on workers and the economy. 1/ #cdnpoli #cdnecon #canlab

Important debate, but naive take from @globeandmail . Pretending that futile WTO rules and reactionary CVDs and ADs can counteract oversupply and unfair practices, is precisely why China will eat our lunch. Trade policy must deliver more than low costs. theglobeandmail.com/opinion/editor…

Charming the US into submission isn't the only position Canada can take for an upcoming #CUSMA 6-year review. We are at our best when putting forward ideas, identifying principles and seeking common ground. The @ccpa report is sets us down that path. policyalternatives.ca/publications/r…

@GK_Fellows Lol. Cheeky. You know that the bulk of this number is hypothetical/maximal and conditioned on actual end-use output, right?

@sindicato9 That's fair, I'm only taking issue with the $37.7 billion in public funds, not the private side.

In which @markgollom interviews not one, not two, Not Three, BUT FOUR economists (@robgillezeau @StevenfGordon @awudrick and I) who all agree that the pattern of subsidies and tax breaks we are seeing at the federal level don't make economic sense cbc.ca/news/politics/…

@robgillezeau @GK_Fellows @markgollom @StevenfGordon @awudrick I appreciate that. You've witnessed the fallout of plant closures on an economic region. Let's not forget the deplorable investment record in CDN auto during the Harper years - led by a strategy of mostly untargeted tax cuts.

@sindicato9 @GK_Fellows @markgollom @StevenfGordon @awudrick And this is as someone who definitely would like to see the sector thrive as a former CAW & Unifor member and with family who worked at the Oshawa plant and parts suppliers.

@robgillezeau @GK_Fellows @markgollom @StevenfGordon @awudrick I think this is hard to compare and untangle. The question is whether advanced, productivity-enhancing manufacturing is desirable for a modern economy, and it ought to be, IMO. Shuff off multiplier/ IO models all you want, there is demonstrable econ. value in these factories.

@sindicato9 @GK_Fellows @markgollom @StevenfGordon @awudrick And on the second point, I think even in the best case scenario it's unlikely the returns here rival those dollars going into K-12 education, early intervention programs for kids with special needs, etc.

@GK_Fellows And let me also clarify for you... the $50B is in PRIVATE sector investment, leveraged by government supports. And these factories will generate economic activity for generations to come.

@sindicato9 $50b for 10k jobs is a terrible ratio, but also: Manufacturing unemployment rates are at historic lows, running at half the national unemployment rate. So, right now, we don't have workers to fill those jobs.

@GK_Fellows Sorry man. If you think that simple division is how this math works, this isn't a conversation we can have over Twitter, and you should tread carefully in what you say publicly. And if you think hands off industrial development works, you're saying Canada ought not build things.

@sindicato9 Add to that the fact that, if these plants made economic sense, they would be able to locate here and pay taxes without receiving subsidies.

These negative toplines on gov't investment in 🇨🇦 mfg are pedantic and, in some cases, simply wrong. Incremental econ. output & capacity expansion for battery cells = net job growth in the economy. The labour redistribution argument holds no water. cbc.ca/news/politics/…

This break my heart. Gary was an exceptional leader, a wonderful person, with a heart so big it could barely fit in union assembly hall. He fought with passion and humanity. I loved that he always called me "Ange". He was my union brother and friend. He will be forever missed.

Sorry, just to confirm... did you just calculate the total value of public funds spread over many years (in some cases a decade) and compare that against an annual GDP figure?? U also do know that GDP figure doesn't include the full value chain, right?

Corp Canada threatened to pull their investments b/c their cap gains tax break shrank in #Budget2024. But Mulroney did the same thing in 1988 and shrank it further in 1990. In 2000, the inclusion rate went back to pre-1988. Did corp invt plummet? Nope... it skyrocketed 1/n @ccpa

@PierrePoilievre Your claim that Pharmacare will ban private health plans is blatantly false. You know this. Own up. Tell the truth. Canadians (and yes, that includes Conservative Party members) deserve better than this. cbc.ca/news/politics/…

No surprise my @UniforTheUnion National Prez @Lanampayne is atop the @macleans 2024 Power List. She's raising the confidence of workers everywhere, and shattering expectations in bargaining - all in less than 2 years. Underestimate her at your peril. macleans.ca/society/power-…

Another in a series of transformative automotive investments may be making its way to Canadian shores. Further proof that, yes, industrial strategy does matter (and is required) for a successful, modern economy: theglobeandmail.com/business/artic…

@CFIB So, your answer is to secure fewer strategic, lucrative and pivotal industrial investments and instead dole out money for unconditional, no-strings-attached business tax cuts? Sorry Dan, I get CFIBs irritation, but we've been-there, done-that. Time to try something that works.

I get the pressure governments are under by large mutinationals to provide massive subsidies to build or protect a plant or industry. But the federal & Ontario govts are taking this to an obscene level, which will make their ability to say no to the next one even more difficult.

An historic day for our Mexican comrades working at Frankische Industrial Pipes. After a bitter struggle, workers have voted to join independent autoworkers’ union, #SINTTIA. Congrats! Another positive step toward a stronger, more militant North American trade union movement.