This report examines the short-and medium-term economic and profitability outlook for Canada’s Computer and Electronic Product Manufacturing Industry.
Canada’s Computer and Electronic Products Industry: Industrial Outlook Spring 2016
Canada’s Computer and Electronic Products Industry: Industrial Outlook Spring 2016
Industry Economic Analysis
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- Advanced Technology—The industry has been shifting toward more advanced products, such as navigational, measuring, medical, and control instruments, allowing Canada to become a leader in these areas, which are seeing rising demand.
- Canadian Dollar—The weaker Canadian dollar helped the industry expand exports substantially in 2015, and exports should remain an area of strength in the short term.
- Global Uncertainty—Weaker growth in China, uncertainty about India’s economic future, Brexit, and eurozone woes are weighing on possible expansion plans into these markets for Canadian producers.
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