Seriously Mulcair, stop beating this drum will you? "Unbalanced economy fuelling Ontario job losses, Thomas Mulcair says"
Yes the high Canadian Dollar causes palpitations amongst Canadian manufacturers. I work for an Ontario based Manufacturer, and when talking to the accountants at head office they make that worry very plain. Yes our resource based economy is a contributing factor, BUT, I do not share Mulcair's idea that the government is at fault, or can do much, if anything about it.
What Mulcair (and other Dutch Disease proponents) does not understand, is how heavily dependent manufacturing is on the price of oil. Oil, and its by-products, can make up a significant portion of the raw materials used to manufacture products and is a significant factor in the cost of shipping raw materials and finished goods.
Imagine for a minute if the Alberta oil-sands were never developed. Would we not then have oil at over $100 a barrel (in US $$) and a $0.60 CDN dollar? How competitive would our manufacturing sector be in that world? (Hint, not very.)
As others have pointed out, there are multiple factors that can make any given manufacturer competitive in a sector. Blaming it all on the Harper Government and the Oil Sands is wrong, and dangerous.
So Thomas Mulcair. Wise up will you?