Canada’s automotive industry was officially declared in 1914. At this point in time, Canada did not have its own car companies. Instead Canada assembled and sold cars for the US who had established their own automotive industry just a few years before Canada. By the 1920s, the automotive industry in Canada had really hit its stride and was well on its way to success. It had grown so rapidly that Canada became the second largest producer of vehicles in the world. This success came about because Canadians were buying tens of thousands of cars. Canada wasn’t just making them for Canadian citizens, but for the world. At times, nearly fifty percent of Canada’s vehicle output was exported.
During the Great Depression, every work place was hit hard and many were out of work. The demand for vehicles declined, and the automotive industry took a hit. Once the Second World War began, the automotive industry was given a push in the right direction, and their vehicle production flourished...
... middle of paper ...
...n, David. “The Advantages of Buying a New or Used Vehicle.” Car and Driver. May 2009. Heart Communications, Inc. November 24, 2013. http://www.caranddriver.com/features/the-advantages-of-buying-a-new-or-used-vehicle.
Bird, Colin. “Should I Pay Cash, Lease or Finance My New Car?” Cars.com. May 5, 2013. Cars.com. November 24, 2013. http://www.cars.com/go/advice/Story.jsp?section=fin&subject=loan-quick-start&story=should-i-pay-cash&referer=advice.
“Frequently Asked Questions.” CAW TCA Canada. 2007. CAW/TCA Canadian Auto Workers. November 24, 2013. http://www.caw.ca/en/campaigns-issues-past-campaigns-issues-frequently-asked-questions.htm.
Thibault, Laurent J. “Manufacturing.” Historica-Domain. 2012. The Canadian Encyclopedia. November 25, 2013. www.thecanadianencyclopedia.com/articles/manufacturing.
Hatch, Michael. www.cada.ca/uploads/PDFS/publications/econoicreports
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