This industry profile provides a five-year forecast for Canada’s Transportation and Warehousing Industry.
Canadian Industrial Profile: Transportation and Warehousing—Autumn 2016
Canadian Industrial Profile: Transportation and Warehousing—Autumn 2016
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- Domestic Travel—Low oil prices are keeping transportation costs low, and the weak dollar is encouraging Canadians to travel domestically as opposed to abroad.
- U.S. Economy—GDP growth south of the border is projected to pick up in 2017 and remain strong for several years. Transportation and warehousing services will benefit from increased trade demand from south of the border.
- Warehouse Demand—Businesses are concerned about weak market demand and are delaying planned investments as a result.
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