What are three reasons why Canada’s auto industry is important to the Canadian economy?

For a geography project, I have to write an essay on a Candian industry and why is the MOST IMPORTANT industry to Canada’s economy. I chose the auto industry. I need three reasons why it is important, I already have two: that it creates trade/exports and that it creates a lot of jobs. What is a third reason?

✅ Answers

? Best Answer

creates income for people who invest their savings into auto industry.

creates incentive for technological innovation, which will bring more industry into the country.