The auto industry is a vital sector in Canada. The country is indeed the eighth largest producer of automobiles in the world. The annual capital investment in the automotive sector is $ 2,8 billion and it is growing 6,4% per year. Canada offers real advantages in terms of R&D in this sector: strong capabilities in the field of advanced technologies, qualified personnel, dynamic partnerships in R&D and the most generous tax treatment within the G8.
Origin: Embassy of France in Canada - 12 pages - 1/07/2004