This industry profile provides a five-year forecast for Canada’s Electrical Equipment Industry.
Canada’s Electrical Equipment Industry: Industrial Profile Spring 2011
Canada’s Electrical Equipment Industry: Industrial Profile Spring 2011
Industry Economic Analysis
$565.00
- Construction Activity—Residential construction is expected to decline this year, but the drop will be more than offset by a rise in non-residential construction activity. As such, domestic demand for electrical equipment will post a moderate increase.
- Metal Prices—Prices for a wide variety of metals—including copper, steel, and nickel—have surged from their recession lows. The higher prices for these key industry inputs are challenging industry profitability.
- Canadian Dollar—The Canadian dollar is likely to remain strong in the near term, hurting the competitiveness of Canadian manufacturers.
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