NAVY BLUE SHAKE YOUR HEAD. If what you say is true then we would have to close all steel plants in the western world because they make steel cheaper in Asia. We would have to close all car plants in the west because Korea can build them cheaper. We would have to get rid of farmers because its cheaper to farm in Africa. The list goes on & on and your not facing reality. The only reason the auto industry exists in North America is because gov. regs. require all company's selling here have to make a certain % here. Everyone knows that Canadian shipyards cannot compete, and the Canadian Gov. has made a decision not to support them, but most of the rest of the world does subsidize its national shipyards including those countrys in Asia. Read the history of Hyundai & you'll see that without Gov. financing & a massive national effort it wouldn't be the largest shipbuilding co. in the world . Take a look at any of the worlds large military contracts and you'll see that the company's that won had to give 100-150% offset to land them. ie if a German shipyard wins a 1 billion contract to build frigates & subs for South Africa they have to promise to spend 1.5 billion in that country but they consider it necessary to keep their industry alive. This is the way the world turns like it or not.