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Canada's auto industry will have highest pre-tax profits since 2002:report

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OTTAWA - A report by the Conference Board of Canada says pre-tax profits for Canadian auto manufacturers are expected to reach $1.3 billion this year, the highest level since 2002. The report also says the Canadian industry is expected to add about 2,900 jobs in 2015 and Mexico is expected to surpass Canada in vehicle exports to the U.S. for the first time in 2015.

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