I hadn't heard it would be based on the Equinox, but that does make some sense, as the Equinox is built in Ontario. I don't know a lot about the Equinox, but it has a lot in common with the Saturn Vue, which is a collosal piece of cr|removethispart|@p. (my brother bought a Vue last year, and has been trying to get rid of it ever since). This would be disappointing for Suzuki.
On a somewhat related note, has anyone noticed how much the new stretched RAV4 looks like the current XL-7?