Decline projected for Canadian auto sales

Canadian personal disposable income was growing faster than Canadian new vehicle prices for several years but that changed in 2016 when the Canadian dollar weakened with the price of crude oil.

Citizen news service
Money


TORONTO — Canadian sales of cars and light trucks this year are expected to dip from last year’s all-time high, mostly because of weaker economic conditions in Ontario, Scotiabank said Friday in a report. The bank’s automotive outlook projected that...

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