Canadian Plastics

Category
Economy


October 7, 2018 News

Canadian vehicle purchases dropped in September: Scotiabank

by Canadian Plastics

But auto sales in the U.S. jumped to an annualised level of more than 17 million units in September, Scotiabank said, beating expectations.

October 1, 2018 News

Canada, U.S. reach new trade deal to replace NAFTA

by Canadian Plastics

The agreement provides increased access to Canada’s dairy market for U.S. producers, limits the number of cars and the value of automobile parts that Canada can ship to the U.S. without paying higher duties, and preserves key dispute-resolution provisions.

September 20, 2018 News

Plastics machinery shipments in North America up again: report

by Canadian Plastics

For the fifth consecutive quarter, plastics machinery shipments in North America continued to increase in the second quarter of 2018, according to the statistics compiled and reported by the Plastics Industry Association’s Committee on Equipment Statistics.

September 12, 2018 News

Canada’s weak auto sales continues: Scotiabank

by Canadian Plastics

Auto sales growth has also slowed down markedly in the U.S. and Mexico, a new report from Scotiabank says.

August 29, 2018 News

Canada, U.S. resume trade talks

by Canadian Plastics

The Trump administration is calling on Canada to endorse the recent agreement reached by the U.S. and Mexico, which featured important decisions made by the two countries on autos.

August 28, 2018 News

U.S.-based Plastics Industry Association supports new trade deal with Mexico

by Canadian Plastics

The announcement of a bilateral agreement between the U.S. and Mexico “is a step in the right direction”, the trade group says.

August 20, 2018 News

Auto industry suppliers pessimistic about U.S. trade policies: survey

by Canadian Plastics

Trade policy uncertainty is causing pessimism across the automotive supply base, despite a strong sales and production environment, a new survey conducted by the Original Equipment Suppliers Association says.

August 17, 2018 News

Quebec setting aside $863 million for companies hurt by U.S. tariffs

by Canadian Plastics

Quebec’s plan will see money go towards offering companies liquidity to continue their activities, and to reduce contributions small and medium-sized companies have to make to the province’s heath services fund.

August 8, 2018 News

Magna lowers 2018 outlook over uncertainty caused by tariffs, trade negotiations

by Canadian Plastics

The Canadian automotive parts maker – which has manufacturing operations in all three NAFTA countries, China and throughout Europe – reduced its estimate for total sales in 2018 by 1.4 per cent from its previous outlook.

August 3, 2018 News

Canadian vehicle sales down in July: Scotiabank

by Canadian Plastics

The drop was led by poor Fiat-Chrysler sales, which recorded their worst month since early-2014.

July 31, 2018 News

Global auto sales expanded at a solid pace in the first half of 2018: report

by Canadian Plastics

But cracks are beginning to appear in certain emerging economies, a new report from Scotiabank says, and the threat of rising U.S. protectionism seems to have impacted vehicle sales in China.

July 23, 2018 News

Tooling industry business “slower than expected” so far in 2018: report

by Canadian Plastics

According to the Q2 2018 Automotive Tooling Barometer, both die and mold shops in North America experienced a decrease in utilization from Q1 2018 to Q2 2018, with a significant amount of business being pushed to the second half of the year.

June 4, 2018 News

Canadian vehicle sales fall for third consecutive month: Scotiabank

by Canadian Plastics

But sales in the U.S. continue to beat expectations on the back of strength in trucks, Scotiabank’s new report says.

April 17, 2018 News

Manufacturing sales grew 1.9 per cent in February: StatsCan

by Canadian Plastics

The federal agency says sales were up in 14 of 21 industries, representing 72.2 per cent of the manufacturing sector.

April 9, 2018 News

Instrument cluster market to be worth $10 billion by 2023: report

by Canadian Plastics

And driven by increasing production and the growth of government regulations, the global market for instrument clusters will be worth US$9.02 billion in 2018, the report from MarketsandMarkets says.

April 4, 2018 News

Canadian vehicle sales down in March: Scotiabank

by Canadian Plastics

But U.S. sales were much stronger than expected last month, Scotiabank said, buoyed by healthy economic activity.

March 2, 2018 News

Record-setting vehicle sales pace continues in Canada: Scotiabank

by Canadian Plastics

But U.S. purchases were mixed in February, Scotiabank said, with each of the Detroit automakers reporting lower sales.

February 23, 2018 News

Canadian auto sales expected to total 2 million units in 2018: Scotiabank

by Canadian Plastics

Canadian passenger vehicle sales exceeded 2 million units for the first time ever last year, a new report from Scotiabank said, climbing to an annual record of 2.04 million units. It’s the best back-to-back annual total on record, even as sales in Ontario decline 3%.

February 21, 2018 News

Covestro had “outstanding” fiscal year in 2017

by Canadian Plastics

Driven by a high demand for high-performance plastics and significantly higher margins, the Germany-based company increased group sales by 18.8 per cent to 14.1 billion euros over the past fiscal year.

February 20, 2018 News

Milacron reports growth in Q4 2018

by Canadian Plastics

The Cincinnati, Ohio-based processing machinery maker reported US$325 million in sales in the fourth quarter of 2017, which represents a nine per cent increase over Q4 2016.