This industry profile provides a five-year forecast for Canada’s non-metallic mineral products industry.
Canadian Industrial Profile: Non-Metallic Mineral Products—Winter 2018
Canadian Industrial Profile: Non-Metallic Mineral Products—Winter 2018
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Infrastructure Spending—The government’s plan to spend on infrastructure should provide a boost to domestic demand for non-metallic mineral products, particularly concrete, cement, and glass.
Canada’s Carbon Policy—Under the new Pan-Canadian approach to pricing carbon emissions, all Canadian jurisdictions are expected to have a carbon pricing plan in place this year. This is likely to increase production costs for the energy-intensive cement industry.
Hydro Costs—Despite modest relief on hydro bills for industrial customers, Ontario manufacturers still struggle with high electricity costs. This puts a significant strain on manufacturers of non-metallic mineral products, particularly those involved in manufacturing cement and concrete.
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