This industry profile provides a five-year forecast for Canada’s Textiles and Apparel Industry.
Canada’s Textiles and Apparel Industry: Industrial Profile Spring 2014
Canada’s Textiles and Apparel Industry: Industrial Profile Spring 2014
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- International Competition—The domestic industry continues to be hurt by “international competition, while exports and domestic production remain flat.
- Canadian Dollar—The drop in the Canadian dollar will help improve price competitiveness for exports and will increase the cost of imports, boosting demand for domestically sourced products
- Profitability—As the industry moves toward higher-value activities and products and enters more niche markets, total industry profitability is expected to increase.
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