Energy Sector overtakes Auto Industry in Canada

The Auto industry sector of Canada, largely regarded as a chief indicator of the economic climate in the country, is now seeing a paradigm shift of power as the increasing pace of Western Canada's strength has lead to the sector being passed by the manufacturing and energy sectors, largely based in the Windsor-Toronto-Ottawa-Montreal axis of Canada.

This represents a shockwave of change throughout the area, as the manufacturing area has remained mostly stagnant in terms of growth for the past three years. But with the strength of the west continuing to buoy the downfalls of the auto industry, other sectors may be hard pressed to regain the momentum that petroleum and coal seemed to have grabbed onto and ran with.

The auto sector is really one that has been hit severely in Canada. With the United States teeeeeeetering every so slightly on recession and a cheaper car and cheaper labor China now rocking and rolling, the paradigm shift was not only something that was inevitable, but also needed to keep things afloat, albeit not what exactly many people wanted to happen. Of course, whatever is?

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