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- Articles and reports: 11-626-X2017067Description:
This Economic Insights compares the performance of automotive manufacturers and service providers since the 2008-2009 recession. The report highlights the structural declines in manufacturing, as export-oriented Canadian manufacturers have lost market share to Mexico. On account of strong post-recession growth in consumer demand for new motor vehicles in Canada, trends for the service industries have differed from manufacturing when comparing performance for output, employment and earnings. The paper will outline the differences in post-recession performance for these key indicators.
Release date: 2017-03-03
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- Articles and reports: 11-626-X2017067Description:
This Economic Insights compares the performance of automotive manufacturers and service providers since the 2008-2009 recession. The report highlights the structural declines in manufacturing, as export-oriented Canadian manufacturers have lost market share to Mexico. On account of strong post-recession growth in consumer demand for new motor vehicles in Canada, trends for the service industries have differed from manufacturing when comparing performance for output, employment and earnings. The paper will outline the differences in post-recession performance for these key indicators.
Release date: 2017-03-03
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