
Peter Severinson asks, "How are you dealing with the strong loonie?"
"Even though sales are up 27 per cent over last year, our revenues are down because of the strong dollar and the weak U.S. dollar. We’re looking for different ways to manufacture our product and looking for factories in the U.S. This is not a short-term strategy. We feel the dollar’s going to be on par with the U.S. dollar and probably should have been on par. We’re still at the mercy of currency traders.” Allan Switzer.
Allan Switzer is the co-owner of William Switzer & Associates Ltd.
Peter Severinson is a writer and editor with BCBusiness magazine.
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