This industry profile provides a five-year forecast for Canada’s Chemicals Industry.
Canada’s Chemicals Industry: Industrial Profile Winter 2013
Canada’s Chemicals Industry: Industrial Profile Winter 2013
Industry Economic Analysis
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- Interest Rates—Low interest rates are helping to limit financing costs in an industry that is increasing its capital expenditures.
- Feedstock Availability—Chemical manufacturers are not operating at full capacity due to input-supply issues. This can be attributed in part to lower natural gas production in Alberta.
- Canadian Dollar—A high Canadian dollar hurts the ability of Canada’s chemical producers to compete internationally—especially against U.S. producers, who are their chief competitors.
