This industry profile provides a five-year forecast for Canada’s Machinery Manufacturing Industry.
Canada’s Machinery Manufacturing Industry: Canadian Industrial Profile Spring 2009
Canada’s Machinery Manufacturing Industry: Canadian Industrial Profile Spring 2009
Industry Economic Analysis
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- Global Slowdown—Being closely tied to industrial activity in Canada and the United States, the machinery industry is negatively affected by the recession.
- Canadian Dollar—The drop in the Canadian dollar to around US$0.80 is boosting export revenues.
- Metal Prices—Prices for many primary metals have dropped from their peaks, reducing demand for mining equipment but relieving some of the industry’s cost
pressures.
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