CME maps path to double Canada's manufacturing output and value-added exports by 2030
OTTAWA, Oct. 18, 2016 /CNW Telbec/ - Canada's leading voice for industry, Canadian Manufacturers & Exporters (CME), along with its strategic partners, maps the future of Canadian manufacturing and exporting, confident the sector's output and exports can be doubled by 2030 through strategic investments and government partnership.
"The manufacturing sector in Canada is a vital part of our economy and its reinvention to sustain and grow its footprint is in the best interest of all Canadians," said the Honourable Navdeep Bains, Minister of Innovation, Science, and Economic Development. "The Government of Canada is honoured to participate in Industrie 2030 and the discussions with CME's members to actively engage in a collaborative plan to ensure the prosperity of this industry well into the future."
"Investments in jobs and skills training help not only our middle class, but those working hard to join it. Canada's manufacturers are an innovative, critical part of our national economy - that's why our Government is committed to working with this sector to make sure Canadian workers have access to training for the skills that these leading-edge businesses need. These investments will ensure people can find and keep good jobs, and businesses can thrive, " said the Honourable MaryAnn Mihychuk, Minister of Employment, Workforce Development and Labour. "I am pleased to have the opportunity to address CME's membership at the Industrie 2030 summit and to collaborate with them on our shared goal of investing in the workforce of tomorrow."
"Manufacturing is the single most important economic sector in Canada and can be the powerhouse of growth for our future," said Mathew Wilson, senior vice president of CME. "With a comprehensive plan to connect and leverage Canada's strengths, we can compete and win on the global stage on investment, productivity, product innovation and commercialization - all critical elements required to grow our manufacturing sector."
Through its Industrie 2030 initiative, CME consulted more than 1250 leading industry executives and conducted detailed research to define specific recommendations to overcome challenges and create a roadmap for the future of manufacturing, to strengthen its footprint across the country, and to drive growth, innovation, wealth creation and jobs. Core recommendations include:
- Building a strong labour pool and skilled workforce;
- Accelerating adoption of advanced manufacturing technologies;
- Fostering innovation, commercialization and new product development;
- Creating a competitive business environment in Canada; and
- Increasing access to domestic and foreign markets.
CME, along with its strategic partners from the Canadian Manufacturing Coalition, BDO, RBC The Royal Bank of Canada, Food and Consumer Products of Canada (FCPC), KPMG, Export Development Canada (EDC), Salesforce, Bombardier, Tenaris, ArcelorMittal Dofasco, and Xerox are hosting its National Manufacturing Summit on October 18 and 19 to share its findings of the Industrie 2030 initiative and encourage collaboration amongst invested parties to take action on the future of manufacturing in Canada.
Media backgrounder available on Industrie 2030 available here.
Since 1871, Canadian Manufacturers & Exporters have made a difference for Canada's manufacturing and exporting communities. Fighting for their future. Saving them money. Helping them grow. The association directly represents more than 2,500 leading companies nationwide. More than 85 per cent of CME's members are small and medium-sized enterprises. CME's membership network accounts for an estimated 82 per cent of total manufacturing production and 90 per cent of Canada's exports.
SOURCE Quebec Manufacturers & Exporters
For further information: Véronique Proulx, Canadian Manufacturers & Exporters, Tel: (514) 222-8204, Veronique.Proulx@meq.ca ; Crystal Roberts, Scout Public Affairs Inc., Tel: (519) 222-3890, email@example.com