Dagg feels China's recent decision to abandon planned export duties on the rising tide of Chinese-made textiles flooding North American markets will result in thousands of job losses in Canada.
The latest new clothing import figures put out by the Canadian government show surprising surge in Chinese imports. Dagg cites the figures for the first quarter this year, imports of men's and boys' trousers from China went up an incredible 299 per cent, imports of brassieres are up 225 per cent, imports on women's and girls' trousers are up 125 per cent and underwear imports are up 68 per cent.
To protect their jobs, the U.S., Peru, Turkey and Argentina have already implemented safeguards. The Canadian government has the ability to do the same. However, it has not.
Now, where does Canadian textile industry move from here?
Take the case of Ravi Tharoor of Rieve & Andreine of Vancouver, a linen manufacturer, who has signed up with a Chinese associate to cater niche markets in North America.
His firm completes design work here, and sends it off to China to spin. When the product returns from China, the company supplies the product to five or six factories where final manufacturing is completed, informs Tharoor.
According to him, Canadian consumers want the best quality of goods at the best price and one has to find way how to deliver that.
So with the odds up, where Canadian textiles industry heads for, is any one's guess!
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
