A Canadian automotive expert says the future of the industry in Canada may very well lie in robots.
Former Toyota Canada boss Ray Tanguay suggests it’s pure economics, saying our competition is no longer Michigan, but the southern U-S and Mexico.
He told the AutoTech Symposium at the University of Waterloo, it’s increasingly difficult to compete with Mexico where autoworkers earn, on average, about $8-an-hour.
He says robots could do that same work for just $2-an-hour.
Tanguay says the innovation companies between Waterloo Region and Toronto could play a huge role in developing the new technology.
Tanguay currently serves as an automotive advisor to the federal and provincial governments.
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