Category
Economy
Manufacturing sales fell 1.5 per cent in July, StatCan says
But sales of plastic and rubber machinery rose in July.
Global plastic compounding market will reach $93.1 billion by 2028: report
Rapidly developing construction and automobile sectors are anticipated to drive the demand for interiors, exteriors, and under-the-hood components, the report from Research & Markets said.
North American machinery shipments slowed in the second quarter
While new orders of plastics equipment have been increasing, ongoing supply chain issues are causing longer order-to-delivery timelines, a new report from the Plastics Industry Association says.
As people continue working from home, the monthly transit pass needs to change to remain worth it
The pandemic has been long enough for habits to have changed; avoiding public transit, using a car and working from home are likely to stick.
Ontario to require proof of vaccination in select settings
As of Sep. 22, Ontarians will need to be fully vaccinated and provide proof, along with photo ID, to access certain businesses, public settings and facilities.
Nearly 70 per cent of Canadian businesses struggling to find skilled talent
This inability to find or retain talent was identified as the number one threat to their growth prospects, a new survey by KPMG in Canada shows.
Manufacturers call for a concrete plan on economic recovery, CME says
CME has unveiled a platform for the 2021 federal election that aims to drive further growth in the Canadian manufacturing sector.
Small businesses continue to struggle with debt, CFIB says
Canadian businesses that have taken on COVID-related debt owe an average of nearly $170,000, according to a new CFIB report.
What mining, oil and gas industries can learn from Sudbury, the city that went from major polluter to thriving environment
Sudbury offers proof that a healthy environment doesn’t have to come at the expense of industrial activity.
CME urges four-part national strategy to revitalize Canadian manufacturing sector
The four-part program is part of CME’s platform for the 2021 federal election.
Global EV sales to reach 5.3 million units in 2021: Frost & Sullivan
Intensifying electrification and fuel economy targets are set to propel EV market growth, according to a new Frost & Sullivan report.
Manufacturing sales rose in June, StatCan says
Following two consecutive monthly declines, manufacturing sales rose 2.1 per cent to $59.2 billion.
The economy and small business recovery are the top election issues for businesses, survey says
But less than a quarter of respondents are confident that their concerns will receive enough attention.
Export Development Canada commits to net zero by 2050
The Crown corporation’s plan includes interim reduction targets for the six most carbon intensive sectors for 2023 and 2030.
Ontario updates skills training program for laid-off workers
Changes to the Second Career program include expediting the application process and increasing weekly basic living supports for rent, mortgage, and other expenses.
Manufacturing sales fell 0.6 per cent in May, StatCan says
The machinery, chemical, and fabricated metal industries were mainly responsible for the decline.
43 per cent of Canadian companies plan to add new positions in the second half of 2021
Another 54 per cent plan to fill vacated positions or bring back temporarily laid off employees, a new survey shows.
Canadians reject Liberals plan to “reimagine” manufacturing, jobs, and waste management, survey says
The majority of Canadians support local decision-making over centralization of power in Ottawa, a survey conducted by manufacturing groups has found.
Ontario moving to step three of reopening on July 16
Step three of the roadmap focuses on the resumption of additional indoor services with larger numbers of people and restrictions in place.
Manufacturing industry continues to lose millions due to border issues, survey says
Sixty-nine per cent of respondents have experienced loss of contracts due to border issues.
Plastics machinery shipments down in Q1 but “poised for growth,” report says
North American shipments of primary plastics machinery decreased following three consecutive quarters of growth, the report says.
Ontario investing $690,000 in the manufacturing sector
The training program is led by the Canadian Manufacturers and Exporters, and the online courses will be offered at no cost to the employee.
Canadian reshoring group formed to advocate for supply chain modernization
Called “Reshoring Canada”, the non-partisan advocacy organization was formed by a group of former parliamentarians.
North American manufacturing rebounding from a challenging 2020, survey shows
Twenty-five per cent of the plastics processors and moldmakers surveyed broke even or lost money in 2020.
2021 federal budget: What’s in it for manufacturers
A look at some of the highlights for Canada’s manufacturers.
Federal budget “missed an opportunity” to help manufacturing sector, association says
The new budget fails to offer a comprehensive, targeted manufacturing strategy, according to Canadian Manufacturers & Exporters.
Sarnia–Lambton region designated as an official trade hub
The designation gives businesses and manufacturers easier access to federal trade incentive programs and allows them to market themselves as a hub for international trade.
European plastics industry faces extreme raw materials shortages, price increases, association says
The situation threatens the economic survival of numerous SMEs and endangers the production of a wide range of products, the European Plastics Converters group says.
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.
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.
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.
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.
