Yes, it will hurt Haig. But smart people do bumb things sometimes.
Wonder how much experience Haig has in watching entire industries get wiped out as the ForEx cycles change ? When ForEx moves, the cycles often last 5 to 7 years before they reverse. So by 2005-2006 US filming in Canada will be totally wiped out. It won't start coming back again until 2008 or after. If Haig buys these Canadain units, he'll ride that wave down and get wiped out at the bottom, just before the cycle starts turning again.