This industry profile provides a five-year forecast for Canada’s Textiles and Apparel Industry.
Canada’s Textiles and Apparel Industry: Industrial Profile Spring 2015
Canada’s Textiles and Apparel Industry: Industrial Profile Spring 2015
Industry Economic Analysis
$635.00
- Imports—Imports of textiles and apparel grew by nearly 10 per cent last year, the highest growth since 1998. Strong international competition will continue to hurt Canadian firms.
- Canadian Dollar—A weaker Canadian dollar will support the competitiveness of Canadian textile and apparel manufacturers at home and abroad.
- Trade Agreement—The new Canada-Korea Free Trade Agreement will expand opportunities for Canadian textile and apparel exporters by levelling the playing field as they compete with foreign producers.
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