Canadian Plastics

Category
Economy


December 8, 2017 News

North American auto production begins to rebound: Scotiabank

by Canadian Plastics

Global sales gains were moderate, Scotiabank said, as purchases decline temporarily in Asia.

December 4, 2017 News

Canada’s record-setting vehicle sales pace “likely ended” in November: Scotiabank

by Canadian Plastics

Based on available data, Scotiabank’s latest Auto News flash says that Canadian sales declined two per cent year-over-year in November, ending the six-month streak of monthly records.

November 26, 2017 News

Canadian mid-market firms export significantly less than their global peers: report

by Canadian Plastics

Mid-market enterprises in Canada contribute $350 billion to the economy and directly employ almost 25 per cent of Canadians, the report from HSBC also says.

November 13, 2017 Feature

DMS executive gets the Red Carpet treatment in Georgia

by Canadian Plastics

Mike Hicks, vice president of Windsor, Ont.-based mold component supplier DMS Components, spent a memorable four days as a guest at the invitation-only Red Carpet Tour in April 2017, an event designed to showcase Georgia’s attractiveness for new business investment.

November 6, 2017 News

Plastics Industry Association likes GOP tax reform package

by Canadian Plastics

The Plastics Industry Association, the leading plastic industry group in the U.S., has come out in favour of the Republican’s new tax reform proposal, in particular its lower corporate tax rate. In a Nov. 2 statement, Plastics Industry Association president

November 5, 2017 News

Record-setting vehicle sales continued in October: Scotiabank

by Canadian Plastics

U.S. purchases defied expectations, Scotiabank also said, remaining at an annualized 18 million units last month.

October 31, 2017 News

Global auto sales accelerated during the summer: Scotiabank

by Canadian Plastics

Global car sales accelerated through the summer, a new report from Scotiabank said, with volumes advancing 4.5% above a year earlier in August, double the growth of the previous three months.

October 30, 2017 News

Steady economic growth expected in Canada in 2018: BMO

by Canadian Plastics

Canada’s economy is on pace to match the best annual growth performance since the Great Recession, a new report from BMO Capital Markets Economics and BMO Commercial Banking said, with real GDP likely to expand 3.1% this year, up from 1.5% in 2016.

October 20, 2017 News

Manufacturing sales up in August: StatsCan

by Canadian Plastics

The transportation equipment and petroleum and coal product industries post the largest gains, the agency said.

October 16, 2017 News

Capital investment in Canada’s auto sector well below pre-recession levels: report

by Canadian Plastics

The report from DesRosiers Automotive Consultants says investment has been almost cut in half, noting “Canada’s loss of investment market share to Mexico and the southern U.S. over this period has been well documented.”

October 6, 2017 News

Canada’s trade deficit increased to $3.4 billion in August: StatsCan

by Canadian Plastics

The trade surplus with the U.S. narrowed to $2.3 billion in August, StatsCan said, but the country’s trade deficit with countries other than the U.S. slipped to $5.7 billion.

October 3, 2017 News

Canadian vehicle sales remained “hot” in September: Scotiabank

by Canadian Plastics

U.S. purchases rebounded to a cycle-high in September, Scotiabank said.

October 2, 2017 News

Plastics Industry Association likes Republican tax reform plan

by Canadian Plastics

In particular, the Association supports the plan’s lower corporate tax rate, immediate expensing of capital investments, and the preservation of the research and development tax credit.

October 1, 2017 News

Canadian manufacturing growth improves in September: report

by Canadian Plastics

Manufacturers are also more confident about the year ahead business outlook than at any time since April, the Markit Canada Manufacturing Purchasing Managers’ index report said.

September 25, 2017 News

NAFTA benefits Canadian and U.S. auto sector, not just Mexico’s: report

by Canadian Plastics

In Canada, auto industry output is advancing nearly four times faster than the overall growth rate of manufacturing as a whole, the new report from Scotiabank said.

September 21, 2017 News

Plastics machinery shipments up in Q2 2017: report

by Canadian Plastics

The shipments value of injection molding machinery increased 9 per cent in Q2, the shipments value of single-screw extruders declined by 16 per cent, the shipments value of twin-screw extruders jumped 56 per cent, and the shipments value of blow molding machines slipped down by 2 per cent in Q2, the report said.

September 6, 2017 News

Record-setting Canadian vehicle sales continued in August: Scotiabank

by Canadian Plastics

U.S. fleet volumes began to stabilize from the double-digit decline of recent months, Scotiabank also said.

September 4, 2017 News

Global auto sales to set eighth consecutive annual record in 2017: report

by Canadian Plastics

The expanding global economy is leading to a re-acceleration in global auto sales, Scotiabank’s latest Global Auto Report said, and this economic growth is also lifting purchases in Canada

September 1, 2017 News

Economy grew by 4.5 per cent in Q2 2017: StatsCan

by Canadian Plastics

Canada’s gross domestic product grew by 1.1 per cent between March and June, an improvement from the 0.9 per cent growth seen in the previous three-month period, the agency said.

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.