Canadian Class A sales and the Loony
In recent years Class A sales of used MH's from the USA has surged. Especially DP's. There are even dealers/brokers who were importing them on a large scale. RV'rs discovered that they could save anyw...
Forum Discussion
moisheh wrote:
As long as there is all this turmoil in countries with really wealthy people the USA will be considered the safest place for investment. That keeps the USD high. But a 50 cent dollar will make Canada a much poorer nation. Remember Argentina? People would get their paychecks and run into the street to convert into USD. Their currency was dropping by large amounts every day! The weak Loonie will shatter the dreams of many new retirees. Forget snowbirding or a new RV.
Moisheh
Moisheh
Hard to say. In 2001 the loonie was .62 cents or there abouts. RV sales were fine. People were buying class A's, trailer's fifth wheels. There are two new truck camper companies in BC this year. The market adjusts. People go camping. Trade deficits disappears and industry hires like crazy to keep up with demand for goods at a cheap dollar. Already happening in the forestry industry.
