This industry profile provides a five-year forecast for Canada’s Electrical Equipment Industry.
Canada’s Electrical Equipment Industry: Industrial Profile Spring 2010
Canada’s Electrical Equipment Industry: Industrial Profile Spring 2010
Industry Economic Analysis
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- Construction Activity—In Canada, residential construction activity has already improved significantly, and non-residential construction activity will begin to recover late this year, supporting domestic demand for electrical equipment.
- Canadian Dollar—The Canadian dollar is expected to remain strong in the coming years, reducing the competitiveness of Canadian producers.
- Global Recovery—The industry is highly trade dependent. With many economies now recovering, demand for electrical equipment is expected to improve.
