The Globe and Mail reports concerns raised by Magna International, Inc. that proposed provincial labor legislation (the “Fair Workplaces Better Jobs Act”) could result in seriously reduced economic competitiveness for Ontario. Magna is Canada’s largest employer in the automotive sector, “one of a handful of homegrown Canadian companies that have risen to the status of global giants.”
Magna told the provincial parliamentary standing committee on finance that “For the first time in our 60 year history, we find ourselves in the very untenable position questioning whether we will be able to operate at historical levels in this province.”
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