Rise in Canadian Manufacturing Sales for May 2013
StatsCan released their monthly survey results for May which examined sales within the Canadian manufacturing industry. Overall, manufacturing sales increased by 0.7% to $48.6 billion in May 2013. The below chart illustrates the monthly change in Canadian manufacturing sales since 2008. Out of 21 industries within the manufacturing sector, 57% of industries noticed an increase […]
Ontario Chamber of Commerce Provides Export Funding Through OEF and EMA
With expansion occurring in many countries within the global economy, now is the time for manufacturers to take advantage of lucrative markets outside of Canada. The first step to prepare your business to export is to draft a comprehensive export plan. An export plan is an extension of your business plan and an evaluation of […]
Canada Posts First Trade Surplus in a Year
Rising US demand has generated an increase in Canadian exports, allowing for the first trade surplus in a year. Statistics Canada reported a 5.1 % increase in exports in March 2013 to $40.5 billion, with only a 1.7% increase in imports to $40.4 billion. Exports to the United States were responsible for three-quarters of the […]