Category
Economy
Canadian auto sales “disappointed” in 2019, report says
by Canadian PlasticsThis 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.
U.S. Senate passes new North American trade deal
by Canadian PlasticsAfter President Trump gives his signature to the three-nation pact, it needs only Canada’s approval to take effect.
U.S., China sign “phase one” of trade deal
by Canadian PlasticsThe U.S.-based Plastics Industry Association praises the signing as a “step in the right direction”.
Canadian auto sales were down in December, report says
by Canadian PlasticsThe new report by Scotiabank also notes that U.S. auto sales dipped even more sharply in December.
Quebec increasing minimum wage to $13.10 per hour on May 1, 2020
by Canadian PlasticsThe 60-cent per hour increase will affect 409,100 Quebecers, including 235,700 women, according to a ministry press release.
Ontario investing $3 million in training pilot for automotive, advanced manufacturing
by Canadian PlasticsThe program will provide short duration training to help unemployed, underutilized workers, or those at-risk of being laid off.
Deal on USMCA trade pact reached by Trump, Democrats
by Canadian PlasticsHouse Democrats have reached an agreement with the Trump Administration over the new North American deal, which replaces NAFTA.
Primary plastics machinery shipments in North America down in Q3
by Canadian PlasticsCompared 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.
U.S. industry group wants tariffs on Chinese molds reinstated
by Canadian PlasticsThe 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.
Canadian auto sales dipped again in October, report says
by Canadian PlasticsAuto 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.
North American robot sales up in 2019
by Canadian PlasticsAccording 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.
Canadian manufacturing sales down slightly in September, StatsCan says
by Canadian PlasticsSales in the machinery industry increased 5.5 per cent to $3.7 billion, however, which was the largest monthly increase since May 2018.
Canadian auto sales fell back “modestly” in October, report says
by Canadian PlasticsU.S. auto sales also posted a decline in October, according to a new report from Scotiabank.
North America automotive tooling spend to drop to US$6.8 billion, report says
by Canadian PlasticsThe 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.
U.S. plastics industry maintained trade surplus in 2018, reports say
by Canadian PlasticsThe 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.
Canadian auto sales posted modest increase in August, report says
by Canadian PlasticsU.S. auto sales also grew at a robust rate in August, according to the latest Auto News Flash from Scotiabank.
N. American plastics machinery shipments up in Q2, report says
by Canadian PlasticsStatistics 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.
Canadian wage growth climbs to highest mark since 2009: StatsCan
by Canadian PlasticsBut the unemployment rate moved up to 5.7% as Canada shed 24,200 jobs, the agency also said.
Canadian auto sales picked up in July: Scotiabank
by Canadian PlasticsBut U.S. auto sales decelerated in July, a new Scotiabank report says, as volatility in that market continues.
North American tooling industry continues to slow: report
by Canadian PlasticsNorth American capacity utilization at its lowest mark since 2016, the Q2 2019 Automotive Tooling Barometer Survey says.