Category
Economy


January 22, 2020 News

Canadian auto sales “disappointed” in 2019, report says

by Canadian Plastics

This marks a second consecutive year of auto sales declines following the 2017 high, a new report from Scotiabank says, and auto sales are in for another bumpy ride in 2020.

January 16, 2020 News

U.S. Senate passes new North American trade deal

by Canadian Plastics

After President Trump gives his signature to the three-nation pact, it needs only Canada’s approval to take effect.

January 15, 2020 News

U.S., China sign “phase one” of trade deal

by Canadian Plastics

The U.S.-based Plastics Industry Association praises the signing as a “step in the right direction”.

January 7, 2020 News

Canadian auto sales were down in December, report says

by Canadian Plastics

The new report by Scotiabank also notes that U.S. auto sales dipped even more sharply in December.

December 18, 2019 News

Quebec increasing minimum wage to $13.10 per hour on May 1, 2020

by Canadian Plastics

The 60-cent per hour increase will affect 409,100 Quebecers, including 235,700 women, according to a ministry press release.

December 17, 2019 News

Ontario investing $3 million in training pilot for automotive, advanced manufacturing

by Canadian Plastics

The program will provide short duration training to help unemployed, underutilized workers, or those at-risk of being laid off.

December 10, 2019 News

Deal on USMCA trade pact reached by Trump, Democrats

by Canadian Plastics

House Democrats have reached an agreement with the Trump Administration over the new North American deal, which replaces NAFTA.

December 9, 2019 News

Primary plastics machinery shipments in North America down in Q3

by Canadian Plastics

Compared to last quarter, total shipments of injection molding and extrusion machinery dropped by 0.5% to US$293.7 million in the third quarter of 2019, new figures from the Plastics Industry Association show.

December 5, 2019 News

U.S. industry group wants tariffs on Chinese molds reinstated

by Canadian Plastics

The American Mold Builders Association has formally asked the Office of the U.S. Trade Representative to bring back the 25 per cent tariff, which was put on hold last December.

December 3, 2019 News

Canadian auto sales dipped again in October, report says

by Canadian Plastics

Auto sales fell back modestly by 0.6% year-over-year in October, a new report from Scotiabank says, with flat fleet sales providing little offset to a continued decline in retail performance.

November 25, 2019 News

North American robot sales up in 2019

by Canadian Plastics

According to new figures from the Robotic Industries Association, the largest driver of this growth was an increase in orders from automotive OEMs, followed by plastics and rubber, and food and consumer goods.

November 19, 2019 News

Canadian manufacturing sales down slightly in September, StatsCan says

by Canadian Plastics

Sales in the machinery industry increased 5.5 per cent to $3.7 billion, however, which was the largest monthly increase since May 2018.

November 12, 2019 News

Canadian auto sales fell back “modestly” in October, report says

by Canadian Plastics

U.S. auto sales also posted a decline in October, according to a new report from Scotiabank.

November 6, 2019 News

North America automotive tooling spend to drop to US$6.8 billion, report says

by Canadian Plastics

The key factor driving this reducing tooling spend is the decreased number of North American vehicles that will be sourced for production in 2020, the report from Harbour Results says.

November 1, 2019 News

U.S. plastics industry maintained trade surplus in 2018, reports say

by Canadian Plastics

The size of the U.S. plastics industry expanded in 2018 while also maintaining a trade surplus of $500 million as consumption of plastics products continued to grow in the U.S., according to two new reports from the Plastics Industry Association.

September 5, 2019 News

Canadian auto sales posted modest increase in August, report says

by Canadian Plastics

U.S. auto sales also grew at a robust rate in August, according to the latest Auto News Flash from Scotiabank.

August 18, 2019 News

N. American plastics machinery shipments up in Q2, report says

by Canadian Plastics

Statistics compiled and reported by the Plastics Industry Association’s Committee on Equipment Statistics says that plastics machinery shipments increased 8.2% in Q2 2019, following a 27.6% decrease in Q1.

August 9, 2019 News

Canadian wage growth climbs to highest mark since 2009: StatsCan

by Canadian Plastics

But the unemployment rate moved up to 5.7% as Canada shed 24,200 jobs, the agency also said.

August 2, 2019 News

Canadian auto sales picked up in July: Scotiabank

by Canadian Plastics

But U.S. auto sales decelerated in July, a new Scotiabank report says, as volatility in that market continues.

August 1, 2019 News

North American tooling industry continues to slow: report

by Canadian Plastics

North American capacity utilization at its lowest mark since 2016, the Q2 2019 Automotive Tooling Barometer Survey says.