Drought and Economic Uncertainty Squeeze Outlook for Canada's Food Manufacturers

September 21, 2012

The following is excerpted from a 20 September 2012 news release by The Conference Board of Canada.

The Canadian food manufacturing industry is struggling through a tough 2012. A slow recovery in Canada’s key export market of the United States, a significant increase in commodities prices due to drought, and a slowing Canadian job market mean that the industry will generate meagre growth this year, according to The Conference Board of Canada’s Canadian Industrial Outlook: Canada’s Food Manufacturing Industry-Summer 2012.

This release is available in its entirety at:
http://www.conferenceboard.ca/press/newsrelease/12-09-20/Drought_and_Economic_Uncertainty_Squeeze_Outlook_for_Canada_s_Food_Manufacturers.aspx

Topic(s)

International Trade and Border Management

Information source

Canadian News Channel

Disclaimer

The foregoing information is provided for informational purposes only and is not intended as, nor should it be considered, professional advice or a substitute for conducting your own thorough research and review. Before making any decisions or taking any action based on the information provided, you should conduct your own independent investigation and/or seek professional advice from a qualified expert in the relevant field. The CSCB disclaims all liability for actions taken or not taken based on the information provided.

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