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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (93470)	11/13/2007 11:01:21 PM
From: Webster Groves	Respond to of 206089

<But with the Canadian dollar at parity with the US dollar, Canadian manufacturing imports (such as cars) make absolutely no sense. The US can now manufacture most things much cheaper than Canada, so it makes eminent economic sense that Canada imports its cars from the US> A low US dollar does not necessarily mean the US can manufacture an item for less than Canada. Current auto production is governed by the US/Canada auto pact, and I haven't heard it is being amended. As $C becomes stronger, the natural outcome is that those cars will be manufactured neither in Canada nor the US but in China. GM is already taking the first steps (in a funny way): snarksmith.com wg