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Posts by Rebekah Young

Never a Dull Moment

Financial outlook remains choppy, though there are signs things are slowly improving. There hasn’t been a dull moment over the last three years, and a recent…

Breathing a Little Easier

2023 won’t be a great year, but it’ll likely be better than 2022 As we get a little deeper into 2023, we might safely breathe a…

The Beginning of the End

Expect economic improvement by the middle of 2023. It wasn’t an easy year in 2022, but now as a new year dawns, we believe we may…

EV Mandates and Dealer Realities

U.S. incentives and battery materials could present issues. There has been a lot of euphoria about the recent climate bill passed in the U.S., specifically that…

Economic Insight: Recessions vs Resilience

Interest rates are up, but consumers are still ahead In these times, a good description would be “Battle of the R-Words,” as in Recession versus Resilience.…

Growing Concerns

Inflation and Interest Rates maybe rising but consumer demand is still working in dealers’ favour. Just when we think things might finally be straightening out, something…
Rebekah Young Scotiabank Economics

The World Changes Again

Conflict in Ukraine will further affect the industry’s fragile recovery. One of the drawbacks in being an economic forecaster is that you appear to have everything…
Rebekah Young Scotiabank Economics

Gradual Recovery

Current signals point to improvements in both the new and used vehicle markets, though this is likely to take some time. We’ve seen improvements in new-vehicle…
Rebekah Young Scotiabank Economics

Electric Vehicles: What Can We Expect?

Price and manufacturing may be cause for uncertainty. For the auto industry and its dealers, the transition to electric vehicles (EVs) may be among the most…

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