Stop the GM Closure! Stop NAFTA 2.0!

 Posted on November 27, 2018
Nov 272018
 

General Motors announcement that it will close the Oshawa car plant is a declaration of war on Canadian autoworkers and on automobile manufacturing in Canada.  The Big Three automakers will use the new NAFTA 2.0 agreement to shift their plants south to Mexico where wages are $4 an hour or less – a fraction of what workers in Canada are paid.  This is what GM is doing with its Oshawa plant, despite the fact that this plant has won international awards for its quality and productivity repeatedly. Continue reading »

Canada and the Fightback: 38th Central Convention, Main Political Report, Section two.

 Posted on August 25, 2016
Aug 252016
 

The 38th Central Convention of our Party follows a major political upheaval in the recent federal election, and a new escalation of the global economic crisis which emerged in 2007-08. Initially, the Canadian economy was buffered to some degree by exports of fossil fuels and other natural resources, and because Canada’s megabanks were somewhat less exposed to the collapse in value of leveraged (re-packaged) debt. Now, the dramatic collapse in energy prices and the Canadian dollar are causing new job losses and rapid increases in the cost of imported products. The working class is paying a heavy cost for the turmoil of the capitalist system. Continue reading »