This industry profile provides a five-year forecast for Canada’s Machinery Manufacturing Industry.
Canada’s Machinery Manufacturing Industry: Industrial Profile Spring 2016
Canada’s Machinery Manufacturing Industry: Industrial Profile Spring 2016
Industry Economic Analysis
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- Commodity Prices—Low prices for many commodities are weakening the demand for machinery used in many metalworking and mining industries.
- Business Investment—Uncertainty in the domestic economy is weighing on business confidence, leading to less investment in capital goods, including machinery.
- Canadian Dollar—The Canadian dollar is expected to remain low, keeping foreign demand for Canadian-made machinery strong.
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