You don’t hear that very often, do you? That something is manufactured in Canada. No wonder. Our manufacturing industry is struggling and totally reliant on a small number of sectors like automotive and aerospace.
A recent report showed that manufacturing performance was getting worse in Ontario. This seems to be a common theme. But it’s always because the weather slowed down shipments, or the exchange rate with the U.S. was unfavourable, or the economy is slowing down.
Why can’t it ever be because many of our manufacturing companies are performing poorly? Maybe it’s because they are not taking advantage of opportunities presented to them. Maybe it’s because they are operating with the same mindset from 20 years ago.
We always make excuses why the manufacturing sector is declining instead of attributing it to an industry that has changed significantly in the ways it manufactures products, but has not dramatically changed the way it operates.