Pratt and Whitney engineClick image to enlargeCanadian manufacturing sales jumped an "stronger-than-expected" 2.9 per cent in March, according to the latest figures from Statistics Canada and an RBC Economics report. Market expectations were for a 1.0 per cent increase.

The recent statistics is good news, following downward declines of 2.2 per cent and 3.1 per cent in February and January respectively.

Aerospace was a big driver of the March increase, reflecting a 42.3 per cent jump, retracing a 29.4 per cent drop in February. 

Statistics Canada noted that a weaker Canadian dollar had an impact on aerospace production as the value of US-denominated sales and inventories increased in Canadian dollar terms. Auto sales also rose solidly, jumping 12.8% in March as factory retooling, which was largely blamed for an 18.9% sales drop over the first two months of the year, began to wind down.

Excluding these two components, sales were more mixed, although they still increased 0.7% on balance to build on a 0.5% gain in February. Sales of food (+3.0 per cent), petroleum and coal products (+1.9 per cent), and primary metals (1.5 per cent) offset a 3.6 per cent drop in fabricated metal product sales.

Excluding the impact of prices, the volume of manufacturing jumped 2.9% in March although that only partially retraced outsized declines of 3.0% (was -2.5%) and 2.4% (was -2.5%) in February and January, respectively.

On a regional basis, the gain in March manufacturing sales was concentrated largely in Quebec (+6.9 per cent) and Ontario (+2.6 per cent). The main source of partial offset was a 2.2 per cent drop in British Columbia.

According to Nathan Janzen senior economist for RBC Economics says the rebound in manufacturing volumes in March is "encouraging" and "supports the view that weakness earlier in the quarter was largely the result of the transitory impact of bad weather and temporary retooling shutdowns at auto manufacturers rather than a fundamental deterioration in demand. Although the rise in aerospace sector sales likely will not be reflected in March GDP estimates (alternative source data is used to compile aerospace GDP due to volatility in the manufacturing sales data), strength in manufacturing sales ex-aerospace is still consistent with our assumption that GDP managed to increase 0.1 per cent in the month despite indications that investment in the oil sector continued to slow."

Following unchanged GDP in February and a 0.2 per cent decline in January, Janzen notes that this would be consistent with flat GDP in Q1 although the strengthening in the manufacturing sector late in the quarter is consistent with our view that growth will rebound to a 2.8 per cent rate in Q2 as activity in the oil sector remains restrained but the impact of weather and transitory production disruptions on Q1 activity reverse.

RBC Economics

Entry level 5-axis machining

Powerful technology combined with the stable duoBLOCK design make the new DMC 90 U duoBLOCK from DMG Mori an entry level alternative to start productive 5-axis simultaneous machining.

Hurco files patent on 3D adapter for CNC milling machine

Hurco is the latest company in the metalworking industry to get into the additive manufacturing business. On July 15, the company filed a US patent application for a new technology that will convert a CNC milling machine into a 3D printer for additvie manufacturing applications.

Italian trade group seeks manufacturers for trade show delegation

The Italian Trade Commission is seeking Canadian metal products manufacturers interested in attending one of Italy's largest trade shows for the metalworking industry, BIMU-SFORTEC 2016.

Abrasive cutting floor unit

The AbrasiMet XL Pro is a floor-standing automatic abrasive cutting machine for 14-in. [356 mm] to 18-in. [457 mm] blades.

Welding tech tips: fume extraction

by Etienne Blouin & Jim Dileo

Fume extraction welding guns remove harmful welding fumes efficiently

Aconity3D to distribute Equispheres metal AM powders

Equispheres, an Ottawa-based supplier of aluminum powders for additive manufacturing (AM), has announced that Aconity3D, a manufacturer of AM equipment, will be distributing its feedstocks.

Why Faster Linear Drives Improve Productivity

by Eric St. James

Advanced linear motor drives can help fabricators improve processing times

DMG MORI supports Porsche in sports car race

DMG Mori (DMG Mori Seiki Ellison Technologies in Canada) is the new exclusive premium partner for Porsche, which returns to sports car motor racing after an absence of more than a decade.

Is 3D printing finally a viable investment for your shop?

Since being heralded by the respected The Economist magazine as the “next industrial revolution” a little more than a decade ago, it can be argued that additive manufacturing has failed to live up to the promise and hype of a true disruptive technology.

Multi-metal 3D printing for aerospace radiation shielding

A manufacturer using ultrasonic additive manufacturing (UAM) has found a new use for Tantalum for raditioan shielding in aerospace applications.

Ontario insolvencies declined sharply in 2020

Despite the economic damage caused by the COVID-19 pandemic, insolvencies in Ontario declined by 24 per cent in 2020 to the lowest annual level since 2000, according to Ontario’s Financial Accountability Office (FAO).

Sold on Cells

by Kip Hanson

With a little help from robotics, cellular manufacturing is alive and well in Canada

No setup or downtime for smart factories

by Andrei Petrilin, Iscar technical manager

Manufacturing's push towards comprehensive digitizing will impact almost all stages: product design, process planning, machining, assembly and logistics. The driving force behind the changes is a series of technological breakthroughs related to Industry 4.0.

Bridge machining centre

The Annihilator B from Quickmill is a bridge machining centre with 25-35 hp geared spindle.

Stay In Touch

twitter facebook linkedIn