| The Canadian auto industry is still
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| | efficiency in Canada, the Business Edge
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| booming in spite predictions that
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| | reported that truck output in Oakville
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| Canadian auto buyers will slow down this
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| | and Oshawa assembly plants have increased
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| year. In fact, based on the trend, it is
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| | by more than 60 percent. This increase in
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| expected that Canadian auto sales will
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| | truck production though might seem
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| post an increase this year over 2006
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| | contradictory to the demand for smaller
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| figures. The reason for this is the
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| | vehicles. With more trucks being
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| continuing healthy economy of the
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| | produced, automakers will be forced to
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| country.
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| | offer discounts for them in order to
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| Another indication that the country's
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| | attract the attention of auto buyers.
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| auto industry is in good shape is
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| | The increase in productivity in the
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| reported recently by The Business Edge.
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| | Canadian auto industry means that
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| According to the Ontario paper, the
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| | production of auto parts for Canadian
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| productivity in the auto industry in
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| | consumers such as those at Starter Canada
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| Canada has increased more than in the
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| | will also increase. The increase in
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| United States. The facts were announced
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| | production also means that the increasing
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| by Scotiabank which is formally known as
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| | demand in the Canadian auto market will
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| The Bank of Nova Scotia.
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| | be met.
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| According to reports, the lead of the
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| | The value of the loony may be increasing
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| Canadian auto sector over the United
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| | but analysts fear that it will soon come
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| States' increased by eight percent last
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| | to an end. But for now, Canadian auto
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| year. In 2005, Canada leads the United
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| | buyers are still buying more vehicles.
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| States by five percent. The reports
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| | With a healthy economy, the number of
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| stated that the time required for workers
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| | people having successful careers will be
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| in Canadian auto assembly facility to
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| | able to afford to buy new cars.
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| assemble a vehicle became better by 3
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| | This increase may put a stop to the trend
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| percent. This increase is said to be 50
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| | which saw Canadian consumers buying their
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| percent more than the increase in the
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| | cars across the border. This strategy is
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| overall economy of Canada.
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| | used by consumers since in comparison
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| Carlos Gomes, an auto industry specialist
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| | they can buy cars in the United States
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| for Scotiabank, says: "The widening of
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| | cheaper.
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| Canada's productivity lead in auto
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| | The increased car buying in Canada is
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| assembly reflects a record $10 billion in
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| | also the result of the discounts being
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| machinery and equipment investment,
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| | offered by automakers to consumers in the
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| mostly robotics and automation, over the
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| | country. With more consumers staying
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| past four years."
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| | away from large vehicles such as pickup
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| Gomes added: "Given the more than
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| | trucks and SUVs, automakers are faced
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| 40-per-cent appreciation of the Canadian
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| | with the problem of getting rid of their
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| dollar, which has sharply eroded the
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| | produced light trucks. The answer, of
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| competitive advantage of Canada's
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| | course, is offering discounts. With these
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| manufacturing sector, rising investment
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| | discounts, Canadian auto buyers are
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| in machinery and equipment and ongoing
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| | attracted to buy these large vehicles.
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| productivity gains are crucial to ensure
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| | The healthy economy of the country though
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| the competitiveness of Canada's
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| | is what allows automakers to offer
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| manufacturing base."
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| | discounts for their vehicles.
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| An example of the increasing productivity
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