According to data from Statistics Canada, imports of asbestos-related items rose to $6 million in 2015 from $4.9 million in 2013. The bulk of these goods consisted of asbestos brake linings and pads, which hit $3.6 million in imports in 2014, a seven- year high. The Association of Workers’ Compensation Boards of Canada reported 61 claims for the deaths of auto, truck and bus mechanics stemming from asbestos-related diseases.
Jack Hough's "ITT Could Return 20% as Brake-Pad Business Soars" points out that shares of conglomerate ITT Inc. (NYSE: ITT) are down about 30 percent in the past two years, as oil-industry demand for the company's pumps has dried up -- for now. However, the company's brake-components business is zooming higher and has plenty of room to grow in North America and China.
Canadian technicians are frequently unaware that products containing asbestos are still allowed to come into Canada. We learned that ABS Friction Inc. has been manufacturing brake components here in Canada with zero asbestos in their brake pads.
It all depends on what you want to do with the vehicle that needs new brake pads. Commuters can have enough performance from Organic pads, but Semi-Metallic or even Ceramic pads can also suit their needs.