I'm sad to see Ontario lose more manufacturing jobs with this new series of speakers. When Shoreview Industries took over the company in 2005, their growth strategy was to pursue additional low-cost sourcing and manufacturing opportunities in Asia, and we've seen that already with the Anthem receivers and MilleniaOne speakers. It's great to see them release new products, but it's also disappointing they can't make them their big factory in Toronto. The currency exchange rate alone has increased their costs by two thirds in the last nine years, so it's inevitable they would shift production to China to be able to compete in the US market. For American customers it creates a bigger price gap between this line and the Reference line, putting the Studio and Signature speakers further out of reach. I don't think this is good for Paradigm over the long term, but it's necessary for them to stay profitable to survive.
This graph shows the exchange rate between the Canadian and American dollars over the last ten years: