SAINTS PRESERVE US
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There was some good news in the financial
pages last week. Honest. Wednesday the Globe
and Mail reported that auto makers had their boats floated by record sales
in Canada
in 2015. Almost two million Canadians cruised away from car dealerships in
sparkling new toys fueled by low interest rates and inexpensive gasoline.
At this point it’s impossible to speculate
how many of the new vehicles will be subject to recall.
However, the industry’s long term prospects
appear to be rosier than the paint job on a pink Cadillac despite the recent
economic downturn. The article went on to say that ‘there are a record 10
million vehicles on Canada ’s
roads that are 10-years-old or older.’ Car manufacturers are salivating over
this sea of potential sales.
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