This industry profile provides a five-year forecast for Canada’s Machinery Manufacturing Industry.
Canada’s Machinery Manufacturing Industry: Industrial Profile Spring 2011
Canada’s Machinery Manufacturing Industry: Industrial Profile Spring 2011
Industry Economic Analysis
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- Economic Recovery—With the global economic recovery continuing and the pace of industrial activity picking up, the machinery manufacturing industry is rebounding.
- Commodity Prices—High commodity prices have boosted the demand for machinery used by the metalworking and mining industries.
- Canadian Dollar—The Canadian dollar has risen above parity with its U.S. counterpart, and that is hurting the competitiveness of this export-dependent industry.
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