GM Oshawa plant closings would have ‘profound’ impact, union study says

[shockedcanadian]

Coming to you soon, the latest Ghost Town: Oshawa, Ontario. Billions of revenue will be lost to the province and federal government, I'm sure this won't impact expenditures in particular sectors...

http://www.theglobeandmail.com/report-on-business/gm-oshawa-plant-closures-would-have-profound-impact-union-study-says/article23678531/


The closing of two General Motors Co. assembly plants in Oshawa, Ont., would wipe out about 30,000 jobs, slice more than $5-billion out of Ontario’s gross domestic product and cost the federal and Ontario governments $1-billion in lost revenue.

Those are among the conclusions of an economic impact study of the two plants, which was prepared by the Centre for Spatial Economics on behalf of Unifor, the union that represents hourly paid workers at the two factories.