Industry Analysis & Industry Trends
During the recession, manufacturing output sharply declined, lowering demand for metal products, which lowered demand for industry services. While demand has recovered since 2009, the manufacturing sector is expected to remain below prerecession levels over 2014. In addition, high input costs, combined with poor demand, cut into the profit margins. As a result, this industry has steadily consolidated, with the remaining companies focused on improving efficiency through technology. Over the next five years, this industry is projected to recover modestly as demand from the manufacturing and construction sectors increases... purchase to read more
Industry Report - Industry Locations Chapter
Industry operators provide services to steel and metal product manufacturers. As a result, industry establishments are concentrated in manufacturing hubs in Canada. Ontario accounts for the bulk of industry establishments, at 47.7%. The remaining industry establishments are concentrated in Quebec (20.9%), Alberta (12.7%) and British Columbia (12.3%). The distribution of establishments mostly matches the spread of the population across Canada. The four regions contain about 86.3% of the population.
Revenue also matches the distribution of establishments. Ontario accounts for 53.5% of total revenue, even higher than its share of establishments and population... purchase to read more