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How economic uncertainty will impact auto service The mechanical automotiveservice market in Canada faced significant challenges in 2024 and appears poised for continued turbulence as we head into 2025. Despite these challenges, the automotiveservice market remains a diverse and resilient industry.
Champagne, president and CEO of the Automotive Industries Association of Canada (AIA Canada), Chris Kinghorn, vice president of strategy and growth at UAP and Daryll O’Keefe, president of Fix Network Canada testified before the Standing Senate Committee on Banking, Commerce and the Economy, advocating for the passage of Bills C-244 and C-294.
Employment and Growth Opportunities According to Job Bank Canada , employment for automotiveservice technicians and mechanics is projected to show little or no change from 2022 to 2031. Data indicates that the median hourly wage for automotiveservice technicians is $28. However, this only tells part of the story.
With Job Bank Canada projecting a positive job outlook for automotiveservice technicians in a rapidly expanding industry, now is the best time to put your foot in the door. Are you interested in entering the Canadian auto repair industry? Auto repair is one of the most in-demand trades in Canada.
However, by the second quarter, disinflationary trends began to emerge as the Bank of Canada maintained tight monetary policy to combat the lingering effects of high inflation. Inflationary pressures were weaning and consumer confidence remained relatively steady, as reflected in the Consumer Price Index (CPI).
They’re dedicated to delivering the finest automotiveservices at prices that won’t break the bank. Whether your car or truck needs a minor tune-up or a major engine overhaul, their technicians can pinpoint solutions to problems, saving you valuable time and money.
Education Both SEMA and AAPEX have a wide range of education seminars geared towards automotiveservice professionals. At SEMA, 2025 Economic and Job Market Outlook With Smart Ideas to Solve for Workforce Shortages will be hosted by Jeff Korzenik, chief economist at Fifth Third Bank. This session will take place on Nov.
Checking certifications: Verify if the auto repair shop holds proper certifications, such as AutomotiveService Excellence (ASE) certification. By utilizing effective negotiation techniques and prioritizing preventative maintenance, you can keep your car in top shape without breaking the bank.
The AutomotiveService Association (ASA) is pleased to report that President Trump’s nominee to lead the Small Business Administration (SBA), former U.S. SBA loans play an important role in helping many automotive repair businesses access the capital needed to make investments that keep their businesses competitive. .”
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