Annual Activity Report

Key Initiatives

Direct and Intensive lobbying of governments with real impact:

Michigan Business Tax Exemption for shipments to Michigan ($192 M in savings, or ¾ % of sales per company for shipments to/thru Michigan)

Support for automotive sector and emergency assistance for our customers $6.0 Billion (GM and Chrysler).  At APMA's request, government added as a condition for support that suppliers continue to be paid according to usual trade terms

BDC's Purchase Order Financing provides short-term working capital needed to fund production

Access to increased EDC receivables Insurance facilities

Corporate tax reductions 21% to 15% by 2015

Capital equipment rapid depreciation extended from 2 years to 5 years

Increased funding for innovation, research and development programs - AUTO21 renewed for another 7 years at $5.8 million per year, for a total of 14 years; $145 Million over 5 years Automotive R & D Partnership Initiative

Successfully defending Canadian automotive parts suppliers' interests in a possible Canada/South Korea Free Trade Agreement and won Canada's WTO Challenge of China's illegal treatment of Canadian automotive parts imported into China.

Networking and Education:

Market Intelligence Program (AMIP)-saving of 25% off of market rates

Government supported programs for:

Operational Effectiveness Improvement; APMA OEM Program $600,000 or $16,000/company

Training; Yves Landry Foundation $25 million or $50,000/company

Capital Equipment; CME SMART Program $25 million or $50,000/company

Marketing opportunities through trade missions, Canada Supplier Days, lead generation, promotions and networking

Distribution of information on changing government policies and laws affecting the industry and providing industry updates

Educational events (seminars, workshops, conferences) with discounted member pricing

Group Employee Benefits Program, saving employee benefit costs for companies