The Canadian Industrial Outlook Service includes detailed five-year forecasts in 16 key Canadian industries. The report examines the short-and medium-term economic and profitability outlooks for these industries.
Canada’s Aerospace Product Manufacturing Industry: Industrial Outlook Autumn 2008
Canada’s Aerospace Product Manufacturing Industry: Industrial Outlook Autumn 2008
Industry Economic Analysis
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Weakening Economic Conditions—Weakening economic conditions in the United States and other countries are reducing corporate profitability and, in turn, demand for business jets.
Canadian Dollar—Flirting with levels last reached in 2005, the lower Canadian dollar is giving some relief to Canada’s aerospace industry by improving its competitiveness and boosting revenues from its products, which are priced in U.S. dollars.
Oil Price—Oil prices below $70—down dramatically from their $147 peak in mid-July—represent a game-changing event that could allow airlines to invest in new aircraft despite weakening demand growth for air transportation.
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