This report examines the short-and medium-term economic and profitability outlook for Canada’s Food Manufacturing Industry.
Canada’s Food Manufacturing Industry: Industrial Outlook Summer 2015
Canada’s Food Manufacturing Industry: Industrial Outlook Summer 2015
Industry Economic Analysis
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- 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.
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