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The manufacturing industry is going through some tough times. Manufacturers must contend with numerous factors beyond their control: the rapid appreciation of the Canadian dollar, increased commodity prices, aggressive new competitors from emerging markets, and a downturn in some key export markets. All these factors, combined with rapid globalization, are irrevocably changing the face of manufacturing in Canada. What does the future hold for Canadian manufacturers?

In this edition of Deloitte Canada Insights, Luc Martin, national leader of the Manufacturing practice in Canada, and Jayson Myers, president of Canadian Manufacturers & Exporters, discuss the key challenges, growth opportunities and competitive advantages of Canada’s manufacturers in an increasingly changing global marketplace. They also examine how manufacturers can mitigate the impact of a high dollar, as well as the impact of the North American Free Trade Agreement. Learn which manufacturing activity is the weakest link in the value chain, and how manufacturers can focus on activities that will create greater value in their business.

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Made in North America
Manufacturing