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
Dollar is at 1.45. If you but US$ it will probably be 1.47 or more. I spoke with my RBC broker today. he says the next 5 months will be brutal for the dollar and the market. But they feel that the dollar will start to recover in 3Q and the market as well. They are forecasting a 75 cent dollar for the beginning of 2017 and that is what they think it will be for along time. Of course forecasting the Lonnie or the market is like guessing ! When the dollar was horrible more than 10 years ago Canada still had a good manufacturing base. Since then México has taken over most of the auto production. Many US corporations have closed their Canadian plants and moved the production to the US or Asia. In 2000 a weak dollar was good for manufacturers. Today it does little for our economy and actually raises the cost of living. Look for quick price increases for Electronics and other consumer goods.
Moisheh
Moisheh
