StatsCan reports widespread growth as manufacturing rebounds in 2010
June 20, 2011 by The Canadian Press
The manufacturing sector rebounded in 2010 after a tough 2009, as widespread growth reversed many downward trends, according to Statistics Canada.
The agency reports manufacturing sales increased 8.9 percent to $529.8 billion in 2010 after a 17.8 percent decline in 2009.
It was the largest single annual increase since 2000.
The manufacturing sector regained about 40 percent of the 2009 decline, which was the largest on record.
Constant-dollar sales increased 8.7 percent in 2010, after a 15.6 percent drop in 2009.
Current-dollar sales advanced in 19 of 21 industries, representing 95.4 percent of total Canadian manufacturing.
The three largest increases in dollar terms came in motor vehicles (up 29.9 percent), petroleum and coal products (up 15.2 percent) and primary metal manufacturing (up 23.8 percent).
Sales were strong across the country, with advances in seven provinces representing 95 percent of total manufacturing.
Growth was the greatest in Ontario (up 11.2 percent), Alberta (up 11.3 percent) and Quebec (up 4.6 percent).