Manufacturing and Materials
The Toronto region is located in one of North America's manufacturing heartlands.
More new manufacturing establishments were constructed in Toronto in 2013 than in any of the past five years. This sector employs almost 10% of the city's workforce (Toronto Employment Survey 2013), contributing 9% to the city's total GDP.
In 2010, the Government of Canada announced the elimination of over 1,500 tariffs on manufacturing inputs, machinery and equipment. This made Canada the first country in the G20 to become a tariff-free zone for manufacturers. At the time, the majority of the affected items immediately became duty free, with the remainder to be eliminated by 2015. These unilateral moves by the federal government instantly intensified the competitiveness of Canadian companies around the world.
The Advanced Manufacturing Sector in Canada is ranked as having the greatest overall cost advantage of all G-7 economies, and placed 1st of all 11 selected sub-sectors surveyed.
Advanced Manufacturing in Ontario:
- Ontario has been building machinery and systems for more than 150 years
- The province is home to thousands of flourishing advanced technology manufacturers and includes makers of components, assemblies and systems
- Ontario's advanced manufacturing industry encompasses innovative applications of leading-edge computer numeric controls (CNC), computer-integrated manufacturing (CIM), robotics, automation and visioning systems, as well as advanced methodologies like lean manufacturing
- Ontario is the leader of Canada's manufacturing sector, and has over 397 firms at the leading edge in Advanced Manufacturing Technology development
- In the Province of Ontario, there are thousands of people conducting research in virtually every area of advanced manufacturing, including 30 specialized research centres where industry innovations are tested and refined
Ontario's materials businesses benefit from generous provincial R&D incentives. Some highlights of this activity include:
- Over 130 organizations are currently involved in nanotechnology development in Canada
- Ontario's chemical industry has a global reach - over $14.2 billion in exports
- Ontario brings public sector and industry scientists together to accelerate chemical and bio innovation
Table provides key economic variables that affect the manufacturing decisions of any business. Variables include the interest rate, rate of inflation ,and the value of the Canadian dollar.
A breakdown of employment in the Manufacturing and Materials sector by sub-sector.