Recent January numbers for Canada’s exports and imports indicated an overall drop in the country’s trade deficit. As reported by Statistics Canada, the trade deficit decreased from $332 million in December 2012 to $237 million in January 2013. Overall exports… Read more »
Decline in Manufacturing Sales for December 2012
A recent survey completed by StatsCan indicated a 3.1% decline in sales for the manufacturing industry in the month of December 2012. The total manufacturing sales in December was $48 billion. The chart below illustrates Canadian manufacturing sales since 2007… Read more »
The Correlation Between Lower Business Taxes and Employment
“It’s time we get the facts on the table. Business investment has been a key driver of economic and job growth over the past five years, and lower taxes have contributed significantly to that growth.” This statement, made by CME… Read more »
Internship Funding Assists With Canadian Business Innovation
There exists a vast resource of bright young Canadian graduate students and researchers that companies have difficulties tapping into. Internship programs, such as Mitacs – Accelerate, provide a bridge for companies to gain access to these valuable resources to assist in… Read more »
Exporting to New Emerging Markets
The current emerging economies that businesses are aspiring to export to are Brazil, Russia, India and China or more commonly known as BRIC. However a recent article in the Toronto Star indicates that Mexico and other Latin American countries are… Read more »
R&D Spending On Upward Trend
StatCan recently released a report indicating the direction research and development (R&D) spending by businesses in the industrial sector has been going over the past several years. With anticipated spending of $15.5 billion in industrial R&D in 2012 (an increase… Read more »
SMART Prosperity Now Initiative Assists Canadian Manufacturers
FedDev Ontario and the Canadian Manufacturers and Exporters’ (CME) SMART Prosperity Now initiative provides a crucial source of funding for small and medium-sized enterprises (SMEs) to improve the productivity of their manufacturing facility and expand their reach into global markets.… Read more »