An 80-plus-cent loonie is driving costs up for Canadian manufacturers, but there are ways to manage currency fluctuations. It's as if Southwest Airlines had gazed into a crystal ball. The US discount airliner needed a way to cut costs at the height of the 2008-09 global financial crisis as energy prices spiked, and to keep fares reasonable it took a gamble and locked in its fuel prices before they skyrocketed.
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