Auto

Why the pandemic hit these Canadian sectors particularly hard

Hospitality was the sector hardest hit by the pandemic in Canada, but that industry was already challenged with access to capacity prior to both the pandemic and the current hard market, Deloitte said in a recent report. The impacts of the pandemic and hard market were not uniform across the economy, with certain industry sectors […]

By Jason Contant | August 16, 2022

3 min read

July auto sales in Canada down 16% from last year as shortages persist

TORONTO – DesRosiers Automotive Consultants says Canadian auto sales were down 16.2 per cent in July compared with a year earlier because of a shortage of available vehicles. The consultancy estimates 130,480 new light vehicles sold in the month as auto manufacturers continue to struggle with semiconductor supply chain issues. The volume was the smallest […]

By Jason Contant | August 5, 2022

1 min read

DesRosiers says Canadian auto production last year hit lowest level since 1967

TORONTO – DesRosiers Automotive Consultants says Canada produced just over 1.1 million light vehicles last year for the lowest level of production since 1967. The low production numbers, down from 1.4 million in 2020 and close to two million in 2019, came as the auto sector globally was hit by a shortage of semiconductor chips […]

By Jason Contant | January 27, 2022

2 min read

Direct compensation for property damage coming to Alberta

Amendments to Alberta’s Standard Auto Policy Form No. 1 will enable direct compensation for property damage (DCPD) for certain kinds of automobile property damage claims, starting January 1, 2022. The amendments were approved by Alberta’s Superintendent of Insurance. Sharon Stefanyk, a partner at Field Law in Edmonton, explained this means “drivers who are not at-fault […]

By Phil | December 13, 2021

2 min read