Study reviews manufacturing in Canada in 2010
Ottawa, ON -- After a challenging year in 2009, Canada's manufacturing sector rebounded in 2010 with widespread growth in sales among industries and the reversal of many downward trends, according to a new study from Statistics Canada.
Ottawa, ON — After a challenging year in 2009, Canada’s manufacturing sector rebounded in 2010 with widespread growth in sales among industries and the reversal of many downward trends, according to a new study from Statistics Canada.
Manufacturing sales increased 8.9% to $529.8 billion in 2010 after a 17.8% decline in 2009. This was the largest single annual increase since 2000.
The manufacturing sector regained about 40% of the 2009 decline, which was the largest on record.
Constant dollar sales increased 8.7% in 2010, after a 15.6% drop in 2009. This was the first increase in the volume of sales since 2005.
Current dollar sales advanced in 19 of 21, industries representing 95.4% of total Canadian manufacturing. The three largest increases in dollar terms came in motor vehicles (+29.9%), petroleum and coal products (+15.2%) and primary metal manufacturing (+23.8%).
Sales were strong across the country, with advances in seven provinces representing 95.0% of total manufacturing. Growth was the greatest in Ontario (+11.2%), Alberta (+11.3%) and Quebec (+4.6%).
Note: All data in this release are unadjusted and are expressed in current dollars unless otherwise specified. For the aerospace industry and shipbuilding industries, the value of production is used instead of sales of goods manufactured. This value is calculated by adjusting monthly sales of goods manufactured by the monthly change in inventories of goods in process and finished products manufactured.
The analytical article, Manufacturing: The Year 2010 in Review, is now available in the Analysis in Brief (11-621-M2011088, free) series. Visit the Key resource module at www.statcan.gc.ca, and choose Publications.