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Used-car glut omen of bumps ahead

‘Not buying anything’; Drag on economy could hamper green initiatives

Nicolas Van Praet, Financial Post

Peter Pauls runs a small used-car dealership northeast of Winnipeg and rarely has his lot been more jammed with metal than in the past several months.

Cars and trucks have been piling into Canada’s pre-owned market and into the hands of dealers like Mr. Pauls. And their prices have plunged as supply exceeds demand.

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