This industry profile provides a five-year forecast for Canada’s Food and Beverage Industry.
Canada’s Food and Beverage Industry: Industrial Profile Autumn 2015
Canada’s Food and Beverage Industry: Industrial Profile Autumn 2015
Industry Economic Analysis
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- Commodity Prices—Material cost increases will be limited by the lower prices for agricultural commodities, such as grain and oilseeds, which account for a substantial share of the industry’s production costs.
- A Weak Dollar—A weak Canadian dollar will support the competitiveness of Canadian food products, both at home and abroad.
- Domestic Economy—Soft employment growth is expected to dampen disposable income growth over the near term. This could translate into weaker domestic demand for various processed foods.
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