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economy might not make it worthwhile in buying American companies.
The stronger loonie does make it a good time to buy American companies and reverse the hollowing out of the Canadian economy to foreign companies which are mainly form the U.S. Even though as mentioned Canadian companies have failed when crossing the border, examples given of Canadian Tire and Le Chateau, buying American companies is a different strategy all together. When purchasing an American company the market and customers are already there, taking the retail industry as an example. The marketing is done, the consumers are aware of the product...
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