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Manufacturing growth reported in six of past seven monthly surveys

Published by Brad Fougere on May 15, 2014

For the sixth time in seven months, Statistics Canada reported manufacturing sales growth in March. Sales rose 0.4 per cent to $50.9 billion on higher sales in the $7.8 billion food manufacturing sector which gained 2.1 per cent  in March and has gained 4.2 per cent in the past 12 months. Plastics and rubber products gained 2.7 percent to $2.1 billion and aerospace product and parts was up 4.5 per cent to $1.6 billion. Aerospace has jumped 18.3 per cent in the past 12 months.

“We’re continuing to see a leaner, more agile sector emerge,” said Canadian Manufacturers & Exporters' President and CEO Jayson Myers. “Our top producing markets have been hampered by global uncertainty, but, these numbers are a good sign.”

Regionally, the aerospace gains in Quebec led growth in that province to the tune of 2 per cent.  Ontario saw growth in petroleum and coal products which helped push sales up 0.6 per cent.

Year over year growth in Alberta, at 11.3 per cent, and Saskatchewan, at 8.6 per cent have been partially offset by modest growth in British Columbia, up 0.6 per cent from March 2013 and decline in New Brunswick, down 15.6 per cent, and Nova Scotia, down 29.4 per cent.

“The growth in Alberta and Saskatchewan is encouraging,” Myers added. “Overall, Canadian companies must focus on innovation as the key to becoming globally competitive.”

See the report here

Found in: StatsCan Manufacturing

National Office

Alberta British Columbia
Manitoba New Brunswick
Newfoundland & Labrador Nova Scotia
Ontario Québec
Prince Edward Island Saskatchewan