Canada's Food Manufacturing Industry: Industrial Outlook Summer 2015
This report examines the short-and medium-term economic and profitability outlook for Canada’s Food Manufacturing Industry.
- A Weak Dollar—A weak Canadian dollar will continue to support the
competitiveness of Canadian food products, both at home and abroad.
- Domestic Economy—Soft employment growth is expected to dampen
disposable income growth over the near term. This could translate into
weaker domestic demand for various processed foods.
- Commodity Prices—Lower prices for agricultural commodities, such as
grain and oilseed products, that account for a substantial share of the
industry’s production costs will limit material cost increases.