Canadian exporters received good news earlier this month when Statistics Canada announced that national exports rose by 1.5% in April. This momentum was largely attributed to rising prices (1.1%) and an increase in export volumes (0.5%). What’s better still is that the Canadian dollar continues to rebound and is, at the time of this article’s…
A manufacturer based in the region of Chatham-Kent has undergone substantial growth in recent years, increasing their revenues, employees, manufacturing abilities, and position as a manufacturing leader. The company’s expansion has largely been enabled by receiving Canadian government funding for their strategic projects. By being able to accomplish more strategic projects in less time, the…
Anything worth doing in life comes with some hardship, struggle, or resistance. I left my family home when I was eighteen. At the time, I was still in high school, but determined to make my way in the world without much external support. I worked various jobs to pay for my rent, food, college education,…
Although Canadian manufacturers are largely projecting growth over their next 1-3 years, there are a number of constraints that will limit their ability to do so. As reported in Manufacturers’ Outlook 2016, a survey of top manufacturing executives in Canada, a variety of issues will continue to challenge operations and slow growth over that time….
The Canadian manufacturing industry has reasons to be cautious, yet optimistic in the short-term future. In February 2016, the industry’s contribution to Canada’s gross domestic product (GDP) rose by 1.5%, yet as a whole, industry sales dropped by 1.6%. As the Canadian business landscape changes, manufacturing executives must understand how to respond to new opportunities…
Cambridge Pro Fab is a leading supplier of steel ducting for the oil, gas and coal power generation industries. As an industry leader in the manufacture of HRSG, pollution control, noise reduction and air filtration systems, Cambridge Pro Fab Inc. has built a diverse portfolio of customers for over 25 years. The company’s growth over…
The Federal Economic Development Agency for Northern Ontario (FedNor) provides federally sourced funds to businesses, organizations, and communities within the province’s northern regions. The agency supports the development and competitiveness of businesses to ensure the north grows and contributes toward the country’s economy. Canadian Manufacturers & Exporters (CME) also provides support to growing businesses across…
Manufacturing has traditionally required a dedicated infrastructure, production team, and resource management system. These barriers to entry have given businesses near-exclusive control over the type of products available to consumers. However, with the recent advancements in additive manufacturing, such as affordable 3D printers, consumers are now given the freedom to design and create tangible items…
With a decreasing population that is largely comprised of aging citizens, northern Ontario provides challenges for growing businesses. Due to immense migration of youth talent, either to other provinces or moving to southern Ontario, businesses in the northern part of the province are having difficulties finding quality workers – especially skilled labour. Although northern Ontario…
Two manufacturers, Hammond Manufacturing Company and Ontario Drive & Gear Limited, will receive government funding valued up to $6.6 million to expand their operations. This government funding, among other benefits, will help the two businesses to purchase new, innovative technologies and train their employees on how to best use the equipment. By receiving Ontario government…