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Trois-Rivières SME receives $350,000 in financial assistance from CED
The federal government is making two repayable contributions totalling $350,000 to Trois-Rivieres, Que-based Technifab GC Inc. The aim of this CED support is to boost the business's growth.
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INSIDE THE NUMBERS: Skilled trade apprenticeships in Ontario
There are 1.3 million people working in skilled trades-related occupations in Ontario out of a total of 7.9 million workers in the province. The challenge is that at least one in three workers in Ontario with an apprenticeship or trade certificate is aged 55 or over and nearing retirement.
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Manufacturing sales rose in January, according to StatsCan flash estimate
Statistics Canada’s advance estimate of sales in the manufacturing sector for January shows the year started off on the right foot. The advance results indicate that total manufacturing sales rose 0.4% in January, Statistics Canada reports.
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Canadian manufacturing posts another year of growth in 2023
Canadian manufacturing proved naysayers wrong in 2023, showing it still has capacity for growth. Canadian manufacturing sales and inventories posted moderate increases in 2023 compared with 2021 and 2022, according to Statistics Canada.
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Transportation and aerospace equipment drive up manufacturing sales in 2023
Sales in the Canadian transportation equipment subsector marked a new record, rising 27.0% to $139.1 billion in 2023. The gains were mainly attributable to the auto industry, followed by aerospace product and parts manufacturing, Statistics Canada reports.
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Manufacturing inventories accumulated at slower pace in 2023
The year-end total manufacturing inventory levels in current dollars continued to grow in 2023, although at a slower pace, Statistics Canada reports.
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Canadian fabricated metal manufacturing shows growth in December
Sales for the fabricated metal manufacturing sector grew 3.7% for the month of December and they were up 5% compared to December of 2022.
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Manufacturing sales decline in four provinces in December
In December, four provinces posted lower sales, led by Ontario and Manitoba, Statistics Canada’s Monthly Survey of Manufacturing indicates. Quebec posted the largest increase.
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Manufacturing inventories shrink in December
Total inventories fell 0.6% to $123.1 billion in December, on lower goods in process (-3.0%) and finished product (-0.9%) inventories, according to Statistics Canada's Monthly Survey of Manufacturing.