Canada's Manufacturing Industry Shows Huge Potential

Researched by Industrial Info Resources (Sugar Land, Texas)--Manufacturing represents more than 10% of Canada's total gross domestic product, according to the Government of Canada, and manufacturing exports make up 61% of all of the nation's merchandise exports. Industrial Info is tracking 98 manufacturing capital projects in Canada worth $29.40 billion.

Canadian manufacturers depend on a skilled workforce that includes designers, researchers, programmers, engineers, technicians and tradespeople. But the nation's manufacturing sector faces skill shortages that are expected to grow as the population ages. As a result, Canadian companies are getting more involved in finding solutions to the shortages.

Continued investment by manufacturers in innovation and other key productivity drivers, such as advanced machinery and equipment, is crucial to their long-term success.

A wide range of high dollar projects point to Canada's thriving manufacturing sector.

In January, Honda of Canada is expected to complete the $857 million expansion and upgrade of its auto complex in Allison, Ontario. The upgrades involve the manufacture of engines for Honda Civics and CR-Vs.

In Toronto, Ontario, Metrolinx is planning a $1 billion light rail extension project to increase ridership.

Meanwhile, Flying Colours Corporation is expanding its aircraft maintenance facility in Peterborough, Ontario, with the construction of a $20.1 million hanger in 2017.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com/.