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Ontario Businesses Believe Dollar Should Be Left To Market-Force

Toronto – Businesses in Ontario stop short of recommending governments step in to control the high Canadian dollar, despite the fact that many are feeling the squeeze of the strong currency. That, according to a survey of members by the Ontario Chamber of Commerce. “The high dollar is definitely putting the squeeze on a substantial number of businesses in Ontario, forcing some to trim jobs and make inventory adjustments that could further affect the supply chain,” says Len Crispino, President and CEO of the Ontario Chamber of Commerce, “while others are taking advantage of its strength.” 

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