A KPMG Canada survey says trade tensions are prompting some Canadian manufacturers to consider shifting production to the United States and adjusting investment plans. The poll reports that 42% of Canadian manufacturing companies indicate they have or are considering moving production to the U.S. Among those contemplating a move, 77% expect the relocation decision to involve longer-term investment planning rather than short-term adjustments. The survey also points to the broader effect of an uncertain trade environment on capital spending in Canada, with additional firms weighing changes to production locations and timing. One outlet reports that some manufacturers are delaying capital investments in Canada as uncertainty grows, suggesting the tension is affecting not only where companies produce, but also when they expand or upgrade facilities. Overall, the results highlight a significant share of the sector actively reassessing cross-border manufacturing strategies, with decisions tied to ongoing trade pressures and the outlook for future market access.
KPMG poll finds 40% of Canadian manufacturers considering relocating production to U.S.
A KPMG Canada survey says trade tensions are prompting some Canadian manufacturers to consider shifting production to the United States and adjusting investment plans. The poll reports that 42% of Can...
- KPMG Canada reports 42% of Canadian manufacturing companies have or are considering moving production to the United States.
- Among companies considering relocation, 77% expect the decision to involve longer-term investment planning.
- Trade tensions are described as driving changes to production-location decisions.
- Some manufacturers are delaying capital investment in Canada amid an increasingly uncertain trade environment.
- The findings come from a KPMG Canada survey released on Tuesday.
Survey data shows many firms are delaying capital investment in Canada amid an increasingly uncertain trade environment
1 month agoFirms shifting toward ‘longer-term investment decisions’ as trade tensions persist, KPMG leader says
1 month agoA new survey shows trade tensions have some Canadian manufacturers deciding to move production south of the border or delay capital investments. KPMG Canada said on Tuesday that 42 per cent of Canadian manufacturing companies indicated they have or are considering moving production to the United States. Of those considering relocating, 77 per cent expect […]
1 month ago
Tennessee governor proposes renaming Nashville International Airport for Dolly Parton
Nashville International Airport is being considered for a rename in honour of country singer Dolly Parton following her...
Pastor Kingsley Okonkwo launches paid Christian matchmaking platform amid backlash
Pastor Kingsley Okonkwo, leader of David’s Christian Centre, launches “Mentor To Marry,” a Christian matchmaking platfor...
Poco Lee to face London court on September 15 over alleged assault offences
Nigerian entertainer Iweh Odinaka, known as Poco Lee, is on remand in the UK and is scheduled to appear at Snaresbrook C...