This industry profile provides a five-year forecast for Canada’s Textiles and Apparel Industry.
Canada’s Textiles and Apparel Industry: Industrial Profile Spring 2013
Canada’s Textiles and Apparel Industry: Industrial Profile Spring 2013
Industry Economic Analysis
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- Input Costs—Oil prices remain elevated, leading to higher raw material costs. The industry has only a limited ability to pass these costs on to customers.
- Canadian Dollar —The strong Canadian dollar continues to hinder the competitiveness of Canadian textile and apparel manufacturers.
- Trade Agreement—A potential free trade agreement between Canada and the European Union could bring greater access to the EU market for Canadian producers.
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