This industry profile provides a five-year forecast for Canada’s Electrical Equipment Industry.
Canada’s Electrical Equipment Industry: Industrial Profile Spring 2016
Canada’s Electrical Equipment Industry: Industrial Profile Spring 2016
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- Housing Starts—Housing starts in Canada are expected to fall this year and next, tempering the demand for electrical equipment in new homes.
- Canadian Dollar—A weaker Canadian dollar will make imported electrical products more expensive and improve the competitiveness of exports, supporting the market share of Canadian producers at home and abroad.
- Consumer Confidence—Weak consumer confidence will alter purchasing decisions among households, which could affect spending on household appliances.
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