Canadian Plastics

Category
Economy


February 27, 2017 News

Trade protectionism is a risk to the auto sector: Magna

by Canadian Plastics

As reported by The Canadian Press, Magna CEO Don Walker said any border adjustment tax imposed by the U.S. would have a “material adverse effect” on operations and profitability.

February 19, 2017 News

Plastic electronics will revolutionize consumer market: report

by Canadian Plastics

The total market for the plastic electronics sector is estimated to grow from US$26 billion in 2017 to US$69 billion in 2025, and will revolutionize consumer goods, a new report said. The report, from UK-based Innovation DB, the world’s largest

February 7, 2017 News

Canadian auto sales will decline in 2017: Scotiabank

by Canadian Plastics

Sales gains in Alberta and Saskatchewan are expected to be more than offset by declines in Ontario, Quebec, and Atlantic Canada.

February 3, 2017 News

Canadian vehicle sales up in January: Scotiabank

by Canadian Plastics

But the bank anticipates lower annual sales, as vehicle affordability begins to erode alongside some slowing in real income gains.

January 31, 2017 News

2016 breaks records for North American robot orders and shipments

by Canadian Plastics

According to the Robotic Industries Association, orders surged 61 per cent in assembly applications while food and consumer goods orders increased 32 per cent.

January 22, 2017 News

Record global auto sales expected in 2017: Scotiabank

by Canadian Plastics

In Canada, volumes will be undercut by recent price hikes for new cars and light trucks, as well as lower replacement demand than in the United States, Scotiabank’s latest Global Auto Report said.

January 16, 2017 News

Global thermoform packaging market to hit US$57 billion by 2024: report

by Canadian Plastics

The global market for thermoform packaging will reach US$57.6 billion by 2024, according to a new report by Transparency Market Research. According to the report from the Albany, N.Y.-based research company, the global market was US$36.4 billion in 2016 and

January 14, 2017 News

Canada will have second-fastest growing G7 economy: IMF

by Canadian Plastics

The International Monetary Fund’s latest outlook for advanced economies as a whole also predicts the U.S. will lead global growth in 2017.

December 18, 2016 News

N. American plastics machinery shipments down in Q3 2016: Plastics Industry Association

by Canadian Plastics

This was the first quarterly decline since Q3 2015, the Association’s report said, and it was only the second time there was a quarterly decrease since the post-recession recovery began in 2010.

December 18, 2016 News

Manufacturing sales down in October: StatsCan

by Canadian Plastics

October’s decline followed two consecutive monthly gains.

December 12, 2016 News

Trump appoints Dow CEO Andrew Liveris as head of America Manufacturing Council

by Canadian Plastics

United States President-elect Donald Trump has tapped Dow Chemical Company chairman and CEO Andrew Liveris to head his incoming administration’s new American Manufacturing Council. Trump made the announcement during a Dec. 10 rally in Grand Rapids, Mich., where he introduced

December 9, 2016 News

Two Alberta petrochemical plants to get up to $500 million in incentives

by Canadian Plastics

The first project is a joint venture between Calgary-based Pembina Pipeline Corporation and Petrochemical Industries Company, based in Kuwait; the second project is being proposed by Calgary-based Inter Pipeline.

December 7, 2016 News

Global car sales up in October: Scotiabank

by Canadian Plastics

Volumes in both Canada and Mexico posted double-digit year-over-year advances, while U.S. purchases exceeded expectations and lifted year-to-date sales above a year ago.

December 5, 2016 News

EPA doubles down on 2025 emissions standards

by Canadian Plastics

The U.S. Environmental Protection Agency has proposed to leave in place its greenhouse gas emissions standards for light vehicles through the 2025 model year. Many in the auto industry aren’t happy with the decision.

December 2, 2016 News

Canadian auto industry volumes rebounded last month, setting a record for November: Scotiabank

by Canadian Plastics

U.S. purchases exceeded expectations, buoyed by improving economic conditions and enhanced promotions.

November 19, 2016 News

Ontario gov’t creating two new growth programs for SMEs

by Canadian Plastics

With a total value of $61 million, the programs will help Ontario firms scale up and test products and services.

November 15, 2016 News

Manufacturing sales up in September: StatsCan

by Canadian Plastics

Statistics Canada says sales were up in 12 of 21 industries, representing 70.1 per cent of the total manufacturing sector.

October 31, 2016 News

Vehicle sales down in Canada in October: Scotiabank

by Canadian Plastics

But Canada has posted the largest increase in vehicle production across the NAFTA region this year, Scotiabank said.

October 27, 2016 News

Asia leads surging global car sales in September: Scotiabank

by Canadian Plastics

Sales in Canada bounced back in September, Scotiabank said, with several automakers reporting records for the month.

October 25, 2016 News

Wholesale sales gained 0.8 per cent to $56.8 billion in August: StatsCan

by Canadian Plastics

Gains were mainly concentrated in the miscellaneous subsector and the machinery, equipment and supplies subsector.