In a wide-ranging interview with BNN Bloomberg, Linamar CEO Linda Hasenfratz discussed diversification and the softening auto markets in the U.K. and China. She also outlined what she’d like to see in the upcoming federal budget.
“We’re always looking for new opportunities and new markets. What we’ve tried to do is take what our core is…and bring those talents to a bunch of different markets,” Hasenfratz told BNN host Amber Kanwar. ”We’ve been building our transportation business. There are lots of opportunities in transportation as we evolve into new types of vehicles.
“There’s also lots of opportunity in the harvesting and agriculture market.”
Hasenfratz has one big hope for the federal budget.
“The No. 1 thing I’m looking for is corporate tax cuts. When we saw the U.S. reduce their taxes, it eliminated the advantage Canada had in terms of a lower corporate tax rate. It’s critical to restore that.”
You can watch the entire interview in the player below: