'We've had a lot of difficulties attracting investment over the years. I don't think this will make it any better.' says CME CEO Dennis A. Darby, commenting on the tax changes announced this week in the Federal Budget. Read more: cbc.ca/news/business/… #Budget2024 #cdnecon

While Manufacturers are encouraged by some of the proposals in #Budget2024 to bolster Canada’s economy, the government must move faster to meet the business investment and productivity problems facing our economy. Read our full press release here: cme-mec.ca/blog/2024-fede… #cdnecon

CME is calling on the federal government to focus on bolstering the manufacturing sector in the upcoming budget. See our Key recommendations aimed at invigorating the manufacturing sector here: cme-mec.ca/blog/canadian-… #Budget2024 #cdnecon #manufacturing

Canada’s merchandise exports surged 5.8% in February, up for the 1st time since last October, suggesting that net trade will make a positive contribution to #GDP growth in Q1, counteracting ongoing sluggish domestic demand. Learn more: cme-mec.ca/representation… #cdnecon

Employment fell 2,200 (-0.0%) in March, just the second decline in 18 months. However, #manufacturing employment rose 9,300 (+0.5%), the first increase since November 2023. Read more in our Labour Market Trends report: cme-mec.ca/representation…
#employment #cdnecon #labourmarket

CME applauds today’s announcement regarding the Home Building Technology Innovation Fund, following our recommendation which asked the federal government to support more modular housing construction to help address housing shortages. Sean Fraser pm.gc.ca/en/news/news-r…

Real GDP rose 0.6% in January, the strongest monthly gain since last January. The odds are still tilted towards the Bank cutting interest rates in June, though the economy’s apparent solid rebound makes their job more challenging. Learn more: cme-mec.ca/representation…
#cdnecon

Breaking News as Bank of Canada's Carolyn Rogers declares Canada's #productivity an emergency. CME has long flagged stagnant productivity as a key issue. Solutions can be found in CME's Manufacturing Canada's Future report: cme-mec.ca/initiatives/ma…

bankofcanada.ca/2024/03/time-t… #cdnecon

In our latest OP-ED, CME CEO Dennis A. Darby shares manufacturers’ concerns regarding Bill C-58, the proposed federal legislation banning replacement workers that will create more supply chain disruptions. Read it here: thestar.com/opinion/contri… #cdnecon

Manufacturing sales rose 0.2% in January following a 1.1% decline in the previous month. The near-term outlook for the #manufacturing sector remains cloudy, as high interest rates continue to weigh on demand for manufactured goods. cme-mec.ca/representation… #sales #cdnecon #economy

CME looks forward to participating in the Canada-US Regulatory Cooperation Council to help reduce the regulatory challenges that slow down and add costs to our integrated manufacturing supply chains.

We are proud to share that once again, CME President and CEO Dennis A. Darby was named one of The Hill Times’ Top 100 Lobbyists in 2024! CME is the voice of manufacturing and global business in Canada, representing 10,000 of Canada’s leading companies. #cdnpoli

Missed out on the insights shared at CME's 7th Annual #WomenInManufacturing Success Forum? Dive into an overview. financialpost.com/pmn/business-p….

Overall employment rose 0.2% in February as #manufacturing employment fell 0.8%. The underlying details of today’s report were less impressive than the headline figure, indicating that the economy continues to limp along. Learn more: cme-mec.ca/representation… #cdnecon #labourmarket

On behalf of manufacturers across Canada, CME would like to acknowledge and thank our former President and CEO Perrin Beatty for his 17 years of service as the head of the Canadian Chamber of Commerce. Perrin’s contributions and leadership have provided an immeasurable benefit to 🇨🇦

Canada’s merchandise exports declined 1.7% in January, swinging the country’s trade balance into a surplus of $496 million. Imports also fell steeply, a potential sign of weakening demand both at home and abroad. Learn more: cme-mec.ca/representation… #export #cdnecon #manufacturing

The Canadian economy rose at a 1.0% annualized rate in Q4 2023, avoiding falling into a technical recession. However, the manufacturing sector contracted 0.4% in December. Learn more here: cme-mec.ca/representation…
#cdnecon #q42023 #manufacturing #gdpgrowth #economy