Canadian animation studios face off against dollar parity

With the US and Canadian dollars hovering close to par for the last few months, several cross-border industries that benefited from the high greenback vs. low loonie dynamic are feeling the pinch, and animation is no exception. The decade of 25% to 35% in cost savings experienced by American producers who shipped projects to the territory - and the extra revenue generated by Canadian studios through the simple act of converting US to Canadian dollars - is over. Now both sides are left re-evaluating their business plans.
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January 1, 2008

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