This industry profile provides a five-year forecast for Canada’s Non-Metallic Mineral Products Industry.
Canada’s Non-Metallic Mineral Products Industry: Industrial Profile Winter 2015
Canada’s Non-Metallic Mineral Products Industry: Industrial Profile Winter 2015
Industry Economic Analysis
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- Housing Market—Canadian housing starts are expected to soften in the near-term. As a result, demand for building supplies will be weaker.
- Oil Prices—Oil prices have collapsed over the past six months, putting further development of the oil sands at risk and threatening a critical source of demand for the industry.
- Exchange Rate—The lower Canadian dollar results in a higher effective price for exporters, which could help spur investment in the manufacturing sector, indirectly boosting demand for non-metallic mineral products.
