Canada’s Plastic and Rubber Products Industry: Industrial Profile Winter 2016

Export Conditions—Rising U.S. vehicle sales, the continued strengthening in the U.S. housing market, and a weaker Canadian dollar will continue to support export growth going forward. 

Domestic Residential Construction—A weak near-term employment outlook and record debt-to-disposable-income levels are expected to hurt residential construction, an important market for plastic and rubber products.

Plastic Resin Prices—The prices for plastic resins, a key input into plastics production, have dropped significantly over the past year, boosting industry profits.