This industry profile provides a five-year forecast for Canada’s Machinery Manufacturing Industry.
Canada’s Machinery Manufacturing Industry: Industrial Profile Spring 2013
Canada’s Machinery Manufacturing Industry: Industrial Profile Spring 2013
Industry Economic Analysis
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- Exports—Non-U.S. exports have doubled in the last decade, driving growth and diversifying markets.
- Oil Extraction—Numerous oil sands projects are slated to proceed over the forecast period, which will boost demand for machinery used by the oil and gas sector.
- Key Input Prices—Higher prices for key inputs, such as steel and other metals, are threatening profits in an industry with weak pricing power.
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