Here is look into trends, issues and solutions for the Manufacturing Sector in Canada.

1. MANUFACTURING –
CANADA – SEPTEMBER
2018
P a u l Y o u n g C P A , C G A
O c t o b e r 2 2 , 2 0 1 8

2. AGENDA
Add a Footer 2
Introductory
PMI – Canada vs USA
Canada – MFG Sales Growth – Liberals vs CPC
Canada MFG – Provincial
Key issues
Bottomline

3. INTRODUCTORY
• Manufacturing accounts for about 11% of
GDP for Canada
• Manufacturing over the years has faced
pressures (high hydro rates, hikes to
payroll taxation, capital equipment write-
down, productivity, labor rates, etc.
• Canada needs to put focus in areas of
Technology like 3-D Printing, AI, etc.
• Canada is not doing enough to support Hi-
Tech investment.
• Canada needs to do more when it comes
to apprenticeship program. Germany has a
excellent apprenticeship program.
Add a Footer 3

4. PMI (PURCHASING MANAGEMENT
INDEX)
Source - https://tradingeconomics.com/canada/manufacturing-
pmi or https://tradingeconomics.com/united-
states/manufacturing-pmi
4
Canada
USA

5. MANUFACTURING TRENDS
Add a Footer 5

6. MANUFACTURING TRENDS / PROVINCES
Add a Footer 6

7. ISSUES FACING
MANUFACTURING
• Canada lags in AI investment -
https://www.theglobeandmail.com/business/article-canadian-
firms-lagging-behind-in-artificial-intelligence-adoption/
• Canada slow to adopt 3-D Printing - https://blog.oce-
ontario.org/3d-printing-offers-ontario-students-a-foundation-
for-21st-century-skills-d55eb4b72bdc
• Hydro Rates are killing business -
https://www.fraserinstitute.org/article/ontario-electricity-
rates-for-industry-among-highest-in-north-america
• Canada tax policies have become less competitive with other
jurisdictions like the USA -
https://www.cbc.ca/news/politics/tax-rate-u-s-canada-
1.4714866
• Issues with apprenticeships -
https://www.canadianmetalworking.com/article/welding/-
rethinking-welding-apprenticeships
• Canada productivity continues to lag -
https://www.newswire.ca/news-releases/canada-falls-in-
conference-boards-innovation-rankings-as-weaknesses-persist-
682519391.html
Add a Footer 7

8. BOTTOMLINE
• There is no easy fixed for Manufacturing
• Liberals need to stop looking at ways to tax
business –carbon tax
https://globalnews.ca/news/4476897/mar
k-cameron-carbon-pricing-report/ or small
business tax rules -
https://www.canadianmanufacturing.com/
manufacturing/tax-reform-devastating-
small-manufacturers-cme-says-202423/
• Canada needs to do more to support
innovation. All Colleges and Universities
should incubation centers.
• All levels of government and private sector
have to come up with a long-term strategy
for manufacturing.
Add a Footer 8