This industry profile provides a five-year forecast for Canada’s Machinery Manufacturing Industry.
Document Highlights
- Exports—The U.S. economy, including the manufacturing sector, continues to recover, which will push machinery sales higher.
- Mining Investment—Driven by high commodity prices, investment in the Canadian mining industry continues to grow at a robust pace, stimulating domestic demand for machinery.
- Canadian Dollar—The Canadian dollar is expected to stay strong in the near term, which will remain a challenge for the industry’s competitiveness, both domestically and abroad.
