June 27, 2012 – In an article for the Wall Street Journal, Paul Vieira writes about MLI’s recently released report, Inconvenient Truths: What US and Asian Manufacturing Tell us About Canadian Manufacturing and the Dollar. Authors Brian Lee Crowley and Jason Clemens say, “At first blush the data for manufacturing jobs … imply a strong relationship with the value of the Canadian dollar,” said Brian Lee Crowley and Jason Clemens. However, they add, “U.S.
states like Michigan, Ohio, and Indiana experienced changes similar to [central Canada], without a change in their underlying currency, complicating the simple, ‘It’s the currency,’ explanation.”
Read the full article here.