Canadian Plastics

Category
Economy


December 7, 2018 News

North American plastics machinery shipments up 4 per cent in Q3 2018

by Canadian Plastics

The sales figures are compiled by the Plastics Industry Association’s Committee on Equipment Statistics.

December 5, 2018 News

Auto purchases in Canada fell sharply in November: Scotiabank

by Canadian Plastics

A sharp drop in Detroit Three sales pulled purchases below 1.9 million units for the first time in over three years, a new report from Scotiabank said.

December 3, 2018 News

North American plastics industry associations support USMCA signing, urge ratification of the deal

by Canadian Plastics

And the American Chemistry Council is also calling on U.S. President Donald Trump to use the agreement to cancel tariffs on steel and aluminum.

December 2, 2018 News

Weak sales in China drove global auto purchases down in October: Scotiabank

by Canadian Plastics

Canadian auto sales contracted by 1.9% year-over-year for an eighth consecutive month of annual declines in October, Scotiabank’s latest Global Auto Report says, but ticked up by 3.1% from September in seasonally-adjusted terms.

November 28, 2018 News

Closure of GM’s Oshawa plant a big blow to Canadian supply industry: Unifor, APMA

by Canadian Plastics

Shuttering the Oshawa plant represents a loss of about 10 per cent of Canada’s auto parts industry, said APMA head Flavio Volpe.

November 11, 2018 News

Big gains forecast for global automotive plastic market: report

by Canadian Plastics

Spurred by rising disposable incomes and continuously changing lifestyles, the increasing production of cars and commercial vehicles will grow the global automotive plastic market at a CAGR of 11.91% from now until 2023, the new report from Research and Market said.

November 5, 2018 News

Canadian auto sales fall 1.9 per cent in October: DesRosiers

by Canadian Plastics

Sales of passenger cars for several major auto companies dipped, a new report from DesRosiers said.

October 24, 2018 News

Ontario to cap minimum wage at $14 an hour

by Canadian Plastics

The Ontario government said new rules – which will link future minimum-wage increases to the inflation rate and reduce the number of personal leave days – will help cut red tape and encourage business investment.

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.