I just returned from a trip to the West Coast. While I was there I was able to gain some key insights in to the Loan market in Western Canada. It would seem that business is booming and so is the demand for Auto loans. The dealers I visited responded that inventory was strong and banks seemed very willing to lend. The impact of the US sub-prime mortgage market hasn't taken as a big a hit out of the ability for Canadian dealers to lend as one would have thought. Sub-prime auto loan lending is fast and furious in Canada so those who have had credit issues should take advantage of the robust market now, who knows what the future will bring.
