Canadian Plastics

Category
Economy


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.

February 4, 2018 News

Record-setting vehicle sales resumed in Canada in January: report

by Canadian Plastics

But daily rental volumes dampened U.S. sales, the report from Scotiabank said.

January 30, 2018 News

Ninth consecutive global sales record expected in 2018: Scotiabank

by Canadian Plastics

Stronger economic growth and replacement demand are expected to drive sales higher in North America and Western Europe, a new Scotiabank report said.

January 24, 2018 News

International Monetary Fund raises outlook for Canadian economy

by Canadian Plastics

Citing the U.S. tax cuts passed last year, the IMF boosted its projections of Canada’s economic performance for 2018 and 2019.

January 22, 2018 News

Red tape costs Canadian businesses $10 billion per year: study

by Canadian Plastics

Canada’s businesses are being strangled by stringent and often unnecessary regulation, a new report from the Canadian Federation of Independent Business says.

January 22, 2018 News

Manufacturing sales hit record high in November: StatsCan

by Canadian Plastics

Statistics Canada said 12 of 21 industries, representing 81 per cent of the manufacturing sector, gained ground in November. Manufacturing sales volumes rose 2.5 per cent for the month after higher petroleum prices and other price changes were removed.

January 14, 2018 News

Fiat Chrysler moving heavy-duty truck production from Mexico to Michigan

by Canadian Plastics

The Italian-American automaker will invest US$1 billion in its Warren, Michigan truck assembly plant to make the Ram Heavy Duty Truck starting in 2020.

January 10, 2018 News

Canadian automotive sector will face decreasing demand, report says

by Canadian Plastics

A Conference Board of Canada report predicts that dwindling demand in the U.S., reduced interest in vehicle ownership by American millennials, and the aging of baby boomers will result in a decline in Canadian automotive exports over the next five years.

January 5, 2018 News

Annual Canadian vehicle sales surpass 2 million units for the first time ever: Scotiabank

by Canadian Plastics

U.S. purchases continue to exceed expectations, keeping full-year 2017 sales above 17 million units for a record third consecutive year, the bank also said.

December 17, 2017 News

Manufacturing sales down in October: Statistics Canada

by Canadian Plastics

Sales fell in 8 of 21 industries, StatsCan said, representing 56 per cent of the manufacturing sector.

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.