Category
Economy


July 29, 2017 News

Dow reports sales increase in first half of 2017

by Canadian Plastics

On the cusp of its merger with DuPont Co., chemical giant Dow Chemical Co.’s sales increased to US$13.8 billion in the first half of 2017, up 16 per cent year-over-year.

July 24, 2017 News

CME asks Ontario government to rethink workplace reforms

by Canadian Plastics

In a July 20 statement, the Mississauga, Ont.-based CME cautioned that the proposed reforms included in the “Fair Workplaces, Better Jobs Act” – including the controversial plan to raise minimum wage to $15 an hour by 2019 – could have unintended consequences affecting the competitiveness of the manufacturing sector and discouraging investments in Ontario.

July 10, 2017 News

North American plastics groups outline goals for NAFTA modernization

by Canadian Plastics

After a summit in held Mexico City on July 5, the heads of the U.S.-based Plastics Industry Association, the Canadian Plastics Industry Association, and Mexico’s Asociación Nacional de Industrias del Plástico AC released a joint statement opposing new tariffs and supporting greater harmonization of regulations.

July 5, 2017 News

Record vehicle sales in Canada in June: Scotiabank

by Canadian Plastics

In the United States, meanwhile, most automakers reported better-than-expected sales last month, as demand continues to shift to crossovers, SUVs and pickup trucks, Scotiabank said.

June 18, 2017 News

Six Quebec aerospace companies get federal funding

by Canadian Plastics

The six companies, which provide aerospace parts and services, will benefit from funding announced by Canada’s innovation minister at the Paris Air Show.

June 7, 2017 News

N. American tooling industry experiences slight dip in Q2 2017

by Canadian Plastics

But shops still remain “very optimistic” about the next three months, a new report said.

June 1, 2017 News

Canadian vehicle sales set a record for the month of May: StatsCan

by Canadian Plastics

Most automakers exceeded expectations last month, StatsCan said, but sharp double-digit declines in fleet deliveries from several manufacturers reduced industry volumes.

May 2, 2017 News

Canadian vehicle purchases down in April: Scotiabank

by Canadian Plastics

U.S. passenger vehicle sales were also disappointing, with most automakers reporting lower-than-expected volumes.

April 18, 2017 News

Manufacturing sales slip 0.2% in February: StatsCan

by Canadian Plastics

Factory sales were down in 10 of the 21 industries, representing 37% of the manufacturing sector; sales in motor vehicle assembly fell 5.3%, while petroleum and coal products dropped 5.0%.

April 5, 2017 News

Canadian vehicle sales strong in March: Scotiabank

by Canadian Plastics

Canadian vehicle sale purchases in March 2017 advanced 7% above a year earlier, setting a monthly record for March. According to the latest Auto News Flash from Scotiabank, sales exceeded an annualized 2.1 million units in March 2017, lifting year-to-date

March 29, 2017 News

Canadian auto parts industry goes on offensive against U.S. protectionism

by Canadian Plastics

A new survey being conducted by the Automotive Parts Manufacturers Association seeks to detail the level of integration in the North American auto industry.

March 18, 2017 News

Canadian wholesale sales up in January: StatsCan

by Canadian Plastics

The motor vehicle and parts subsector contributed the most to the gain, the agency said.

March 17, 2017 News

Automation not an “imminent threat” to Canadian jobs: report

by Canadian Plastics

The report, by Toronto-based think tank C.D. Howe Institute, said industries at “high risk” of automation make up just 1.7 per cent of the Canadian workforce.

March 13, 2017 Feature

UP IN SMOKE?

by Canadian Plastics

Will Canada’s carbon tax plan hurt the plastics industry’s competitiveness?

March 13, 2017 News

Global auto sales continue to strengthen in 2017: Scotiabank

by Canadian Plastics

North American auto production to climb to record high in the second quarter, the bank said.

March 10, 2017 News

Plastics machinery shipments declined in Q4 2016

by Canadian Plastics

For the first time since the recovery in the plastics industry began in 2010, North American shipments of plastics machinery posted a second consecutive quarterly decrease, according to statistics compiled and reported by the Plastics Industry Association’s (PLASTICS) Committee on Equipment Statistics (CES).

March 8, 2017 News

Canada posts third-straight monthly trade surplus: StatsCan

by Canadian Plastics

Exports were up 0.5% on the strength of higher exports of motor vehicles and canola, the agency said.

March 1, 2017 News

Canadian manufacturing growth in February fastest in two years: report

by Canadian Plastics

Canadian manufacturing growth rose in February to its highest level since November 2014, a new report said, with an increase in new orders and employment suggesting a rebound in business confidence two years after the oil price shock hit the

February 27, 2017 News

Trade protectionism is a risk to the auto sector: Magna

by Canadian Plastics

As reported by The Canadian Press, Magna CEO Don Walker said any border adjustment tax imposed by the U.S. would have a “material adverse effect” on operations and profitability.

February 19, 2017 News

Plastic electronics will revolutionize consumer market: report

by Canadian Plastics

The total market for the plastic electronics sector is estimated to grow from US$26 billion in 2017 to US$69 billion in 2025, and will revolutionize consumer goods, a new report said. The report, from UK-based Innovation DB, the world’s largest