This industry profile provides a five-year forecast for Canada’s Electrical Equipment Industry.
Canada’s Electrical Equipment Industry: Industrial Profile Spring 2014
Canada’s Electrical Equipment Industry: Industrial Profile Spring 2014
Industry Economic Analysis
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- Industrial Activity—An improving U.S. economy and a lower Canadian dollar are expected to support industrial activity, which will encourage investment and downstream spending on electrical equipment.
- Housing Starts—The Canadian housing market, a key consumer of electrical equipment, is expected to face the headwinds of rising interest rates and heavy consumer debt loads.
- Canadian Dollar—A weaker Canadian dollar will increase the cost of imports and improve the relative price for Canadian electrical products abroad.
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