canada auto investment

Canadian Auto Rebound Lags Behind US as Loonie Continues to Rise

Canadian Auto Rebound Lags Behind US as Loonie Continues to Rise
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While the United States’ auto industry continues to do a stellar job rebounding, the rise of Canada’s dollar has automakers turning their backs on the plants in Canada. Reports are coming in that investment in Canada’s auto plants may fall to just $1.2 billion this year, the lowest since the mid-1980s. It’s also 62-percent lower than… Continue Reading...