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Fifty-plus industry associations highlight importance of manufacturing on Parliament Hill

Published by Frank Defalco on December 10, 2013

Representatives from more than 50 national industry associations are in Ottawa today to meet sitting Members of Parliament, cabinet ministers, and other senior policymakers marking the Canadian Manufacturing Coalition’s (CMC) second annual Manufacturing Day on the Hill.  

The CMC, which speaks with one voice on behalf of 100,000 companies across the country, will be charting a national roadmap to grow the manufacturing sector in Canada. Core priorities include introducing new supports to stimulate investment, diversify markets, and strengthen the labour market, as well as enhancing supply chain integration with the United States and reducing regulatory burden.  

“The federal government has taken several positive steps over the past number of years that have bolstered the overall competitiveness of Canadian manufacturers,” explains CMC Chair, Jayson Myers, who also serves as president and CEO of Canadian Manufacturers & Exporters (CME) – Canada’s largest trade and industry association. “Other jurisdictions, however, are also moving aggressively to grow their value-added manufacturing base, so – much like manufacturers themselves – we must continuously improve the business environment in which they operate to facilitate long-term growth.” 

The importance manufacturing is to Canada cannot be understated. The industry employs more than 1.8 million Canadians, comprises 13 per cent of the nation’s total gross domestic product (GDP), contributes 30 per cent of all public tax revenue, and has the largest economic multiplier of any sector – more than $3.15 for every dollar in output. 

“Last year’s Manufacturing Day on the Hill culminated in the industry taking a centre stage in the 2013-14 federal budget, encompassing more than $4.5 billion in direct benefits to manufacturers, including an extension to the Accelerated Capital Cost Allowance,” says Myers. “But we cannot become complacent. Manufacturing is central to the economic and social wellbeing of Canada, and all Canadians have a vested stake in its future prosperity.”  

Click here to view our Manufacturing Plan For Canada.

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