Canadian Plastics

Category
Economy


August 7, 2017 News

GM gains, Nissan slips in annual OEM-supplier relations study

by Canadian Plastics

Results of the new 17th annual North American Automotive OEM-Supplier Working Relations Index study revealed that GM now ranks ahead of Fiat-Chrysler US, Ford and Nissan, which is now in last place.

August 2, 2017 News

Canadian production rises at fastest pace since March: report

by Canadian Plastics

At the same time, input cost inflation moderated to a nine-month low, with manufacturers attributing this to a stronger exchange rate against the U.S. dollar, the report by IHS Markit said.

July 30, 2017 News

Milacron reports slight sales increase in Q2 2017

by Canadian Plastics

But operating earnings for the Cincinnati, Ohio-based company for the second quarter of 2017 decreased 19.9% to US$28.6 million compared to operating earnings of US$35.7 million in the prior year period.

July 29, 2017 News

Dow reports sales increase in first half of 2017

by Canadian Plastics

On the cusp of its merger with DuPont Co., chemical giant Dow Chemical Co.’s sales increased to US$13.8 billion in the first half of 2017, up 16 per cent year-over-year.

July 24, 2017 News

CME asks Ontario government to rethink workplace reforms

by Canadian Plastics

In a July 20 statement, the Mississauga, Ont.-based CME cautioned that the proposed reforms included in the “Fair Workplaces, Better Jobs Act” – including the controversial plan to raise minimum wage to $15 an hour by 2019 – could have unintended consequences affecting the competitiveness of the manufacturing sector and discouraging investments in Ontario.

July 10, 2017 News

North American plastics groups outline goals for NAFTA modernization

by Canadian Plastics

After a summit in held Mexico City on July 5, the heads of the U.S.-based Plastics Industry Association, the Canadian Plastics Industry Association, and Mexico’s Asociación Nacional de Industrias del Plástico AC released a joint statement opposing new tariffs and supporting greater harmonization of regulations.

July 5, 2017 News

Record vehicle sales in Canada in June: Scotiabank

by Canadian Plastics

In the United States, meanwhile, most automakers reported better-than-expected sales last month, as demand continues to shift to crossovers, SUVs and pickup trucks, Scotiabank said.

June 18, 2017 News

Six Quebec aerospace companies get federal funding

by Canadian Plastics

The six companies, which provide aerospace parts and services, will benefit from funding announced by Canada’s innovation minister at the Paris Air Show.

June 7, 2017 News

N. American tooling industry experiences slight dip in Q2 2017

by Canadian Plastics

But shops still remain “very optimistic” about the next three months, a new report said.

June 1, 2017 News

Canadian vehicle sales set a record for the month of May: StatsCan

by Canadian Plastics

Most automakers exceeded expectations last month, StatsCan said, but sharp double-digit declines in fleet deliveries from several manufacturers reduced industry volumes.

May 2, 2017 News

Canadian vehicle purchases down in April: Scotiabank

by Canadian Plastics

U.S. passenger vehicle sales were also disappointing, with most automakers reporting lower-than-expected volumes.

April 18, 2017 News

Manufacturing sales slip 0.2% in February: StatsCan

by Canadian Plastics

Factory sales were down in 10 of the 21 industries, representing 37% of the manufacturing sector; sales in motor vehicle assembly fell 5.3%, while petroleum and coal products dropped 5.0%.

April 5, 2017 News

Canadian vehicle sales strong in March: Scotiabank

by Canadian Plastics

Canadian vehicle sale purchases in March 2017 advanced 7% above a year earlier, setting a monthly record for March. According to the latest Auto News Flash from Scotiabank, sales exceeded an annualized 2.1 million units in March 2017, lifting year-to-date

March 29, 2017 News

Canadian auto parts industry goes on offensive against U.S. protectionism

by Canadian Plastics

A new survey being conducted by the Automotive Parts Manufacturers Association seeks to detail the level of integration in the North American auto industry.

March 18, 2017 News

Canadian wholesale sales up in January: StatsCan

by Canadian Plastics

The motor vehicle and parts subsector contributed the most to the gain, the agency said.

March 17, 2017 News

Automation not an “imminent threat” to Canadian jobs: report

by Canadian Plastics

The report, by Toronto-based think tank C.D. Howe Institute, said industries at “high risk” of automation make up just 1.7 per cent of the Canadian workforce.

March 13, 2017 Feature

UP IN SMOKE?

by Canadian Plastics

Will Canada’s carbon tax plan hurt the plastics industry’s competitiveness?

March 13, 2017 News

Global auto sales continue to strengthen in 2017: Scotiabank

by Canadian Plastics

North American auto production to climb to record high in the second quarter, the bank said.

March 10, 2017 News

Plastics machinery shipments declined in Q4 2016

by Canadian Plastics

For the first time since the recovery in the plastics industry began in 2010, North American shipments of plastics machinery posted a second consecutive quarterly decrease, according to statistics compiled and reported by the Plastics Industry Association’s (PLASTICS) Committee on Equipment Statistics (CES).

March 8, 2017 News

Canada posts third-straight monthly trade surplus: StatsCan

by Canadian Plastics

Exports were up 0.5% on the strength of higher exports of motor vehicles and canola, the agency said.