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Economic Viewpoint

Canada: Many Detours Ahead for the Auto Industry

May 11, 2017
François Dupuis, Vice-President and Chief Economist • Benoit P. Durocher, Senior Economist

The Canadian auto industry is an integral part of North American production and is largely dependent on U.S. demand. The recent slowdown in car sales south of the border is worrisome, and the challenges of remaining competitive are still significant in light of lively foreign competition. Although recent investments in the Canadian auto industry point to a few more years of security, what will happen in future decades?

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