Based on your understanding of the Canadian Automotive and Manufacturing Industries discuss the key variables in their profitability. For example, which of the costs identified are sensitive where small changes may have significant impacts on their net income? Which ones are less sensitive? What would they be sensitive to? (i.e. price increases, global market and trade, exchange rates);

Visit the Government of Canada's manufacturing industries website at:

https://www.canada.ca/en/services/business/research/industrysectorintelligence/manufacturingindustries.html.