Canadian Plastics

Category
Economy

News
March 16, 2020  

Canada closing border to most non-residents, exempts U.S. citizens

The restrictions come into effect March 18, and do not apply to Americans due to the many close connections bewteen Canada and the U.S.

News
February 25, 2020  

Flexible packaging demand in Asia hit by sluggish regional economy, report says

According to Wood Mackenzie’s report, ‘Flexible Packaging Asia Supply Demand Report’, the region’s largest markets – China and India – experienced significant disruptions in 2019.

News
February 21, 2020  

Wacker to cut 1,000 jobs in cost-saving measure

The Germany-based chemical maker said the job cuts will affect its administrative departments and the “indirect, non-operational functions” of its business divisions

News
February 20, 2020  

Plastics machinery shipments “stayed low” in 2019, industry association says

Despite a fourth quarter uptick, weak business investment spending was due to trade and tariff uncertainties and overall weaker manufacturing activity, the Plastics Industry Association’s Committee on Equipment Statistics said.

News
February 17, 2020  

Trudeau tells U.S. lawmakers that USMCA bill will pass Commons

President Donald Trump signed the three-nation pact last month and Mexico ratified it last summer.

News
February 17, 2020  

Thin wall packaging industry is globally fragmented but gaining on aluminium and glass, report says

Thin wall packaging accounts for 12 per cent of the global packaging production, the report from AMI Consulting concludes, equivalent to 18 million tonnes.

News
February 13, 2020  

Small businesses need better access to immigration system to address labour shortages, report says

The report by the Canadian Federation of Independent Business says that the biggest issues are a mismatch between the jobs small businesses need filled and the skills-level of immigrants, and the complicated process of bringing in and retaining foreign workers.

News
February 7, 2020  

Canadian auto sales estimated as being “relatively flat” in January, report says

In the U.S., meanwhile, auto sales contracted modestly in January, the report from Scotiabank says.

News
January 22, 2020  

Canadian auto sales “disappointed” in 2019, report says

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.

News
January 16, 2020  

U.S. Senate passes new North American trade deal

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

News
January 15, 2020  

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

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

News
January 7, 2020  

Canadian auto sales were down in December, report says

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

News
December 18, 2019  

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

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

News
December 17, 2019  

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

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

News
December 10, 2019  

Deal on USMCA trade pact reached by Trump, Democrats

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

News
December 9, 2019  

Primary plastics machinery shipments in North America down in Q3

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.

News
December 5, 2019  

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

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.

News
December 3, 2019  

Canadian auto sales dipped again in October, report says

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.

News
November 25, 2019  

North American robot sales up in 2019

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.

News
November 19, 2019  

Canadian manufacturing sales down slightly in September, StatsCan says

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

News
November 12, 2019  

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

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

News
November 6, 2019  

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

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.

News
November 1, 2019  

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

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.

News
September 5, 2019  

Canadian auto sales posted modest increase in August, report says

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

News
August 18, 2019  

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

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.

News
August 9, 2019  

Canadian wage growth climbs to highest mark since 2009: StatsCan

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

News
August 2, 2019  

Canadian auto sales picked up in July: Scotiabank

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

News
August 1, 2019  

North American tooling industry continues to slow: report

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

News
July 22, 2019  

Ford cutting 200 jobs at Oakville, Ont. auto assembly plant

In a statement, Ford said the layoffs are the result of a “long-standing practice of matching production with consumer demand.”

News
July 8, 2019  

Canadian auto sales fell in June, Scotiabank says

U.S. auto sales continued its above-trend growth in June following an equally strong performance in May, according to Scotiabank’s latest Auto News Flash.

News
June 28, 2019  

Downturn in global auto sales continued in May: Scotiabank

The Canadian auto sales rate ticked up marginally in May, Scotiabank’s latest Global Auto Report said, but the decline on a year-over-year basis continued.

News
June 11, 2019  

Plastics machinery shipments declined in early 2019

While 2018 ended with strong plastics machinery shipments in North America, 2019 has started soft, according to new figures from the Plastics Industry Association’s Committee on Equipment Statistics.