This industry profile provides a five-year forecast for Canada’s Chemicals Industry.
Canada’s Chemicals Industry: Industrial Profile Winter 2011
Canada’s Chemicals Industry: Industrial Profile Winter 2011
Industry Economic Analysis
$565.00
- Low Inventories—Inventories are at their lowest levels since mid-2002, which means production should pick up quickly when sales begin to improve.
- Manufacturing Activity—Many manufacturers are big users of chemical products, and most haven’t yet recovered fully from the recession. That will limit the recovery in demand for chemical products in the short term.
- Strong Dollar—The high value of the Canadian dollar will be a major impediment to growth in the coming years, as about two-thirds of production is exported.
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