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Minister Moore Discusses Future of Manufacturing with Atlantic Canadian Industry Leaders

ID: 1307414

Talks focused on working together; part of National Manufacturing Month cross-Canada tour

(firmenpresse) - HALIFAX, NOVA SCOTIA -- (Marketwired) -- 10/04/14 -- Industry Canada

Industry Minister James Moore today toured the Irving Shipbuilding''s Halifax Shipyard, the facility that will produce the Royal Canadian Navy''s newest combat fleet as part of Canada''s National Shipbuilding Procurement Strategy.

During his visit to the facility, the Minister hosted a round-table discussion with local industry leaders to discuss the future of Atlantic Canada''s manufacturing industry. This round table is part of the Minister''s cross-country tour to discuss the strength of Canada''s manufacturing sector and to engage business leaders on opportunities for growth. The tour coincides with National Manufacturing Month, an effort by Canadian Manufacturers & Exporters to educate Canadians about the sector''s economic and social impact.

During the consultation, the Minister heard from business leaders about issues that affect companies'' competitiveness-domestically and abroad-and how government and business can each take steps to position the industry for continued success and growth. He highlighted the actions the government has taken to support the manufacturing industry and to establish the right economic conditions for success. These included lowering taxes, cutting the corporate tax rate from over 22 percent in 2007 to 15 percent today, and removing the federal capital tax.

The Minister also emphasized the sector''s importance to the Canadian economy, citing the impressive fact that manufacturing employs close to 1.7 million people in a high-tech, high-skill sector. It is one of Canada''s largest business industries.

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"Our government remains focused on what matters to Canadians: creating jobs and economic growth. And Canada''s manufacturing industry has huge potential for Canada''s economic future. I am pleased to have had very productive conversations with leaders in Atlantic Canada''s manufacturing industry and look forward to hearing more ideas on how we can further work together to build and attract high-value-added manufacturing to Atlantic Canada."





- James Moore, Industry Minister

"We are proud to be an active, growing member of Canada''s manufacturing industry, a position that Halifax Shipyard has held for more than 125 years. Irving Shipbuilding is investing heavily to ensure we are the most modern shipyard in North America. This investment will allow us to build Canada''s next combat fleet in the most effective and efficient manner possible as well as maintain our position within the shipbuilding industry far into the future. Shipbuilding is definitely an important part of the value-added manufacturing sector, and one that has great historical significance to our region."

- Kevin McCoy, President, Irving Shipbuilding

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Contacts:
Jake Enwright
Press Secretary
Office of the Minister of Industry
613-995-9001

Media Relations
Industry Canada
613-943-2502


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Bereitgestellt von Benutzer: Marketwired
Datum: 04.10.2014 - 09:00 Uhr
Sprache: Deutsch
News-ID 1307414
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