Canadian Plastics

Category
Economy

News
April 1, 2021  

Canada’s small businesses want rapid testing, not lockdowns: CFIB

A recent survey by the Canadian Federation of Independent Business found that two-thirds of small businesses would consider using COVID-19 rapid tests to remain open.

News
March 31, 2021  

Governments investing in new vaccine manufacturing plant in Toronto

The new facility is intended to meet growing demand for flu vaccines, boost Canada’s preparedness for future pandemics, and will create 300 jobs.

News
March 30, 2021  

Ontario invests $10 million in auto parts companies to boost supply chain competitiveness

The projects will help position the province as a hub for building cars of the future.

News
March 25, 2021  

Industry associations praise manufacturing sector support in new Ontario budget

Among other things, the budget offers a second round of grants – ranging between $10,000 and $20,000 – to small businesses hit hard by the pandemic, and has set aside $1.7 billion for the program.

News
March 23, 2021  

Province appoints Board of Directors of new Invest Ontario provincial agency

Invest Ontario will advise on key opportunities to spur Ontario’s economic recovery and growth in an increasingly competitive global marketplace.

News
March 19, 2021  

ANALYSIS: Texas deep freeze: Lingering impacts on U.S. petrochemical industry

Operations at U.S. Gulf Coast petrochemical facilities have yet to fully recover one month after freezing temperatures triggered widespread power outages and plant shutdowns.

News
March 17, 2021  

OPINION: Revamping Canada’s packaging production

The packaging sector has huge impact on Canada’s economic future. And with new competitors emerging and turning to advanced technologies to gain a competitive edge, small, incremental investments can make all the difference.

News
March 9, 2021  

CME asks government for more funding to help women in manufacturing

The Ottawa-based association is calling for extra funding for its Women in Manufacturing program, tax incentives to help employers to create childcare options, and additional money to help retrain women for jobs in manufacturing.

News
March 1, 2021  

Canadian manufacturing growth picked up in February, report says

An improving domestic demand picture, greater purchasing activity, and a sustained period of employment suggests firms expect greater output in the months ahead, the report from IHS Markit said.

News
February 17, 2021  

Editorial: Hedging is a tool for price risk reduction, not cost reduction

Energy buyers are tasked with helping their organizations lower costs and manage cost uncertainty on the energy they need to operate. Energy price hedging is an important tool for accomplishing that goal.

News
February 17, 2021  

North American machinery shipments up nearly 20% in Q4, report says

Canada and Mexico remained the top export markets for U.S. equipment suppliers in the fourth quarter, the report from the Plastics Industry Association said.

News
February 5, 2021  

Applications now open for Ontario’s new Skills Development Fund

The $115-million fund, which will support workers and apprentices, is designed to address the challenges brought on by COVID-19.

News
February 4, 2021  

European flexible packaging manufacturers “very concerned” about polymer shortage and price development

The Flexible Packaging Europe association blames force majeure declarations, maintenance announcements, and price increases by European polymer manufacturers for creating sudden and significant shortages.

News
February 1, 2021  

Ongoing border restrictions are costing manufacturers millions, survey reveals

The survey conducted by several industry associations indicates more than two-thirds of respondents have lost business amounting to tens of millions of dollars due to issues at the Canada-U.S. border.

News
January 27, 2021  

Ontario opposes new U.S. “Buy American” executive order

The executive order disrupts existing Ontario-U.S. cross-border supply chains and erodes long-standing relationships, according to Vic Fedeli, Ontario’s Minister of Economic Development, Job Creation and Trade.

News
January 20, 2021  

Manufacturing sales down in November, wholesale sales up, StatCan says

Manufacturing sales fell in November for the first time in three months, and sales were down in 5 of 21 industries, driven mainly by the aerospace product and parts, motor vehicle, and motor vehicle parts industries.

News
January 6, 2021  

Record improvement in Canadian business conditions during December, report says

Canadian manufacturers reported an overall improvement in business conditions during December, according to a new report from IHS Markit Canada.

News
December 21, 2020  

Ontario invests $77 million to help job seekers retrain after COVID-19 layoffs

This funding is being provided through the redesigned Second Career grant program and will help more than 2,750 job seekers with up to $28,000 for tuition, training materials, and living expenses.

News
December 15, 2020  

Manufacturing sales edged up 0.3% in October, StatCan says

Manufacturing sales grew to $54.1 billion led by the paper, petroleum, and coal industries, and with 2.2% growth for plastic and rubber product manufacturers.

News
November 30, 2020  

Global auto sales improve modestly again in October, report says

On a year-over-year basis, sales were in positive territory for a second consecutive month since the pandemic struck, Scotiabank’s latest Global Auto Report says.

News
November 24, 2020  

Two-thirds of Canadian business owners negatively impacted by COVID-19: CIBC poll

But the majority (75%) of business owners remain optimistic they will rebound once the pandemic subsides, the poll also found.

News
November 17, 2020  

Manufacturing sales up 1.5 per cent in September, StatCan says

As part of this increase, the chemical industry rose 6.7 per cent to $4.5 billion, the agency said.

News
November 9, 2020  

Canadian government extending funding for innovation assistance program into December

The program an emergency wage subsidy provided to eligible small and medium-sized firms on a priority basis.

News
November 9, 2020  

Demand from packaging and healthcare segments to help polyolefins market stay afloat amid COVID-19, report says

The global polyolefins market is expected to decline in 2020 due to weaker end-market demand, analytics firm GlobalData says, but there will be strong gains in these other sectors.

News
October 30, 2020  

CME, Ontario launch online consumer directory of made-in-Ontario products

The guide is designed to make it easier for shoppers to find made-in-Ontario products, while supporting local businesses and manufacturers.

News
October 30, 2020  

Nearly half of Canadians considering leaving their current job, report says

The annual Hays Salary Guide shows employer optimism is countered by employee isolation, loneliness, and a decline in well-being.

News
October 29, 2020  

U.S. economy posts record third-quarter GDP rebound

GDP increased by an annualized rate of 33.1 per cent during the third quarter, the U.S. Commerce Department reported, compared to the second quarter’s annualized rate of 31.4 per cent contraction.

News
October 23, 2020  

U.S. plastics industry reports another year of trade surplus

Mexico and Canada remain the U.S. plastics industry’s largest export markets, the new report from the Plastics Industry Association says.

News
October 22, 2020  

Both Biden and Trump victories present implications for Canada’s economy, new report says

The report from RSM Canada concludes that no matter the outcome of the U.S. presidential election, Canada’s recovery from wave two of the coronavirus pandemic and its longer-term outlook will be impacted.

Feature
October 21, 2020  

What will the 2020 elections mean for U.S. energy?

Ten key issues to watch, according to global energy consultancy group Wood Mackenzie.

News
October 7, 2020  

Canadian small business owners cautiously optimistic about the future, Scotiabank report says

Forty per cent of small business owners are either “very” or “extremely” optimistic about the future of their business, Scotiabank said.

News
September 30, 2020  

Plastics industry 8th largest in U.S., new report says

The plastics industry is a key part of the American economy, the report from Plastics Industry Association said, accounting for an estimated $432 billion in shipments and over a million workers in 2019.