Approximately 85 percent of the auto parts manufactured in Canada are exported to the U.S. either as parts or in finished vehicles.
With this volume of exports, the sharp rise in the value of the Canadian dollar over the past several years has had a dramatic affect on the Canadian automotive industry's competitive advantage. This trend has forced exporters to make significant adjustments to their business strategy.
We can help you respond and combat the negative impact of a strong Canadian dollar by providing innovative advice on hedging strategies, operational improvements and tax solutions for U.S. capital structures.
Contact an industry professional in your area to discuss your unique business concerns.