The CTMA is a member of the Canadian Manufacturing Coalition (CMC) and our Government Relations Committee works very closely with this group on many issues affecting our industry.
Here are just some of the issues we have recently worked on:
Michigan Mold Lien Act
Michigan’s Mold Lien Act, MCL 445.611 (the “MLA”), is designed to protect mold builders with a lien on any mold they construct that requires third parties relying on the mold to respect the original purchase agreement with the mold builder. By following the procedures set forth in this act, mold builders are protected – or so they thought. Recently, the Michigan Court of Appeals (COA) threw this protection into doubt with its ruling in Sejasmi Industries, Inc. v A+ Mold, Inc. et al, Macomb County Circuit Case No. 14-004273-CB, Court of Appeals No. 328292, Supreme Court No. 153625, wherein the COA essentially strips the mold builder of the security interest in its own mold.
With the support of 18 distinct participants, both national and international, including the Canadian Tooling & Machining Association (CTMA), the Michigan law firm of Warner Norcross & Judd LLP (“WNJ”) has filed a motion with the Michigan Supreme Court for leave to file an Amici Curiae Brief in support of Quality Cavity’s Application for Leave to Appeal. This Brief provides a strong showing of the importance of this appeal to the tooling industry and will undoubtedly get the attention of the Michigan Supreme Court.
Meeting with the Honourable Navdeep Bains – April 21st, 2017
On April 21st, CTMA representatives met with Minister Navdeep Bains to discuss issues that are affecting our industry. Some of the issues discussed where:
- Provincially funded programs such as CTMA’s Advanced Software Training Program which helped members keep up to date with the latest technologies in order to keep them competitive.
- Government Tax Incentives for Industrial Capital Equipment Acquisition and how Canada is falling far behind in this area.
- SR&ED changes and how they have been affecting companies within our industry.
2017-2018 Ontario Budget Highlights
Minister of Finance Charles Sousa presented the 2017-2018 Ontario budget on April 28th, 2017. Click here to read a summary of the tax highlights provided by our corporate sponsor Deloitte.