PM Mark Carney's Canada

[urbanclient]

Also the CAD USD exchange rate

I think Fraser purports to factor that in somewhat, because the numbers are all in CAD. But idk where they are getting the numbers as to have such a large gap.

This is the best apples to apples I can find quickly, note StatsCan is in 2023 CAD and FRED is in 2023 USD:
https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1110023901
https://fred.stlouisfed.org/series/MEPAINUSA672N
https://fred.stlouisfed.org/series/MAPAINUSA646N

Multinational companies don't care about cost of living difference which narrows the CAN-USA income gap, but they do care how much USD equivalent they need to pay their workers. It's less in Canada.

 

[Admiral Beez]

Yes. And companies save on having to provide most health insurance in Canada. Take this with a grain of salt, the real gap is a bit smaller:

The UAW assumes the cost of health care insurance at Ford, GM and I believe Stellantis. That’s not the case of non-UAW plants. But Canadian auto workers are still paid significantly less than those in the US.

As for the Koreans, if they can get a toehold into NATO’s submarine market they’ll accept anything reasonable on auto plants. And besides, after dozens of Koreans were arrested by ICE as the were setting up a Hyundai battery plant they’re less than enthused to drop an auto plant in the US.

https://www.nytimes.com/2025/09/24/world/asia/south-korea-georgia-hyundai-ice-raid.html

 

[urbanclient]

The UAW assumes the cost of health care insurance at Ford, GM and I believe Stellantis.

I should've clarified earlier, what I meant was companies don't have to provide insurance that OHIP etc. already covers. But they still do extended health benefits in Canada.

As for the Koreans, if they can get a toehold into NATO’s submarine market they’ll accept anything reasonable on auto plants. And besides, after dozens of Koreans were arrested by ICE as the were setting up a Hyundai battery plant they’re less than enthused to drop an auto plant in the US.

That US plant situation was a self-inflicted foot shot. I saw ads in Ottawa for that Korean submarine, don't know how much it actually influenced the government's decision though.