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The strong loonie may have Canadian shoppers showing up at U.S. malls, but it's the "heart of a...

The strong loonie may have Canadian shoppers showing up at U.S. malls, but it's the "heart of a renaissance" in business spending, says a bullish David Rosenberg. Still contracting in the U.S., capital spending in Canada is a full percentage point above the norm, promising to generate the productivity and job growth necessary for sustainable recovery.
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Comments (2)
  • User 509088
    , contributor
    Comments (1080) | Send Message
     
    canadian business investment- buy up smaller competitors and jack up prices due to lessened competition. source off shore suppliers to increase profit. raise prices due to difficult competitive conditions (paying off loans used to buy up competition).

     

    the hoser secret to profit: buy the same product as a us distributor, pay the same price, add an extra 15% over and above the us profit margin. blame it on america. blame it on unions. blame it on whatever.

     

    even with free trade, there's that 15% profit tacked on. that's minimum. even when usd is lower than cad. something which can be relied upon to never change, the hosers never figure it out.

     

    and there's the 15 % sales tax on top of that.
    4 Dec 2012, 08:31 AM Reply Like
  • User 509088
    , contributor
    Comments (1080) | Send Message
     
    apropos:
    http://yhoo.it/TDnvgo
    4 Dec 2012, 08:55 AM Reply Like
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