This industry profile provides a five-year forecast for Canada’s Textiles and Apparel Industry.
Canadian Industrial Profile: Textiles and Apparel—Winter 2017
Canadian Industrial Profile: Textiles and Apparel—Winter 2017
Industry Economic Analysis
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Consumer Debt—High debt levels are weighing on household budgets and inducing consumers to purchase fewer luxury items, including some textiles and apparel.
Trade Agreement—The pending Canada-Europe Trade Agreement would bring greater access to the EU market for Canadian producers.
Retailers—The weak Canadian dollar continues to support export growth, but it also encourages retailers to purchase from domestic manufacturers at the expense of imported goods.
