This industry profile provides a five-year forecast for Canada’s Fabricated Metal Products Industry.
Canada’s Fabricated Metal Products Industry: Industrial Profile Spring 2016
Canada’s Fabricated Metal Products Industry: Industrial Profile Spring 2016
Industry Economic Analysis
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- Public Infrastructure—The federal government plans to invest heavily in infrastructure starting this year, supporting demand for metal products used in the expansion of public transit and green infrastructure.
- Metal Prices—Metal prices remain low, making many of the industry’s inputs more affordable and reducing costs during a challenging period.
- Building Construction—Vacancy rates are rising, which will lead to a drop in building construction this year. As a result, demand for fabricated metal products used in building construction will suffer.
