Canadian Auto Workers - New trust fund falls far short of need, says Hargrove

    TORONTO, Jan. 10 /CNW/ - Today's announcement by Conservative
Prime Minister Harper on the creation of a new billion-dollar Community
Development Trust Fund is a very minor step in the right direction,
CAW President Buzz Hargrove says.
    With the establishment of the fund, the government has finally recognized
the major crisis in manufacturing that has been growing worse with each month.
    But if the fund is broken down for each province across the country,
Ontario would receive $350 million as its part, not nearly enough to help ease
the manufacturing crisis, which is throwing tens of thousands of workers out
of jobs and devastating community after community.
    "Good manufacturing jobs are being lost across Canada each day, but the
federal government hasn't earmarked nearly enough to make a real impact for
working people and their families," said Hargrove. "The funds set aside are
important but are too minor in relation to the enormous problems we face."
    In the last five years, 350,000 manufacturing jobs have been lost in
Canada as the impact of unfair trade with Korean, Japanese and European
automakers is increasingly felt along with the high value Canadian dollar.

For further information:

For further information: please call CAW Communications, Shannon Devine,
(cell) 416-302-1699

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Canadian Auto Workers Union (CAW)

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