New Market Report Now Available: Consumer Appliances in Canada
Ongoing economic pressures at global level meant that the Canadian economy did not recover in 2012 as had been previously hoped. Unemployment remained at relatively high levels, while consumer confidence remained shaky, creating a challenging environment for the companies in major appliances. Canada experienced a slowdown in housing and residential renovations in 2012 and many consumers chose to retain their outdated appliances longer than they would ideally have liked. As a result, major...
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