Auto Boom
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Canadians still love that new car smell, despite economic ‘doom and gloom’Vehicle sales are on pace to smash last year's record high, despite economic warnings signs flashing red. 'Canadian car buyers don’t seem to be paying attention.'CanadaFeb 4, 2016
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Stalling auto sales, real estate show ‘cracks’ in Canadian consumerSales of big-ticket items like new vehicles and homes have surged in recent years amid cheap borrowing rates. The consumer spending spree may now be petering out.CanadaJan 6, 2016
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Booming elsewhere, truck sales tumble downhill in AlbertaSales for light trucks are soaring in provinces like B.C. and Ontario, numbers show. But the oil slump has created a wholly opposite storyline in Alberta.CanadaNov 10, 2015
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Surging home prices ignite record boom in luxury car sales: reportHigh-priced vehicle sales surged to a record high in May. One big reason: Many Canadians feel wealthier, a new report says.CanadaJun 30, 2015
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High monthly payments, long loans grease Canada’s auto boomCar loans that stretch six, seven and even eight years are the driving force behind a record auto boom, experts say. But are borrowers at greater risk?CanadaJan 27, 2015
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Oil’s plunge could mean bumpy ride for auto sales in AlbertaCrashing oil prices are paving the way for a bumpy ride in high-end auto sales in Alberta. A record boom in overall car sales may run out of fuel too.CanadaJan 23, 2015
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Canadian auto sales set new annual recordFord topped all automakers in sales for 2014 -- but it was a banner year for most in the industry as cheap financing rates and long loans spurred sales.MoneyJan 5, 2015
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Welcome back gas-guzzlers: Cheap pump prices herald SUV’s returnMake way for more Hummers and Escalades, industry experts suggest, thanks to cratering gas prices.CanadaDec 1, 2014
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Consumers tap longer car loans as auto spending spree continuesCar buyers continue to take advantage of ultra-low borrowing rates – and long loan terms – this fall to finance a record boom in auto sales.CanadaNov 25, 2014
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