Canadian Manufacturing is suffering with two major challenges today.
The first is the high Canadian dollar.
The second is low cost manufacturing in China and other countries with low Real Wages.
What are the various choices that Canadian manufacturing has to compete?
As part of my preparation for The Access Group October Round Table, I went out to my LinkedIn Database and asked some experts what they thought.
Answer after answer makes it clear that there are many opportunities for Canadian Manufacturing.
Here are the three best lessons I gleaned from the answers
- Canadian Manufactures must take a fresh look at how they currently doing things.
- Focus on Innovation. It is Canada’s greatest strength – lets use it to its full potential
- Other countries have overcome this 1-2 punch.
The most positive thought came from the writer who pointed out that the Japanese Yen Increased by 50% and now the Japanese have the best Automotive Industry in the world.
What kind of future does that provide for Canada?
Edited Review Of The Answers: Helping Canadian Manufactures Compete Globally
Click here to see all the answers
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Manufacturing
