Challenges and Opportunities for Canadian Manufacturers - SYSPRO Canada
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Challenges and Opportunities for Canadian Manufacturers

The report highlights the top results from a national survey, conducted by RK Insights, a leading global full-service market research firm, of 495 Canadian manufacturing owners and senior executives. Results from the study were tabulated and discussed at a live industry roundtable that consisted of 14 industry subject matter experts including analysts, manufacturers and service providers, on October 17th, 2017.

manufactures book, challenges and opportunities

Several key findings from the 2018 report include:

  • 44% of senior company executives are optimistic about the coming year, although most (50%) qualify their optimism with caution.
  • American protectionism is worrying 92% of executives, followed by rising global protectionism (90%), US President Donald Trump’s impact on nation-to-nation relationships (88%) and the NAFTA renegotiation (88%).
  • More than half of the senior executives are expecting orders and sales to increase (averaging 12% and 13%); but costs will also increase by 6%. Pricing will stay the same for 48% but 43% expect increases of 5%. Thirty-nine per cent see profits rising 8%.

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