Canadian manufacturers shifting focus from off-shore to on-shore: KPMG

Fewer Canadian firms are pre-occupied with cost-saving and outsourcing production to nations like China and more are focused on growth, according to a new report from consulting firm KPMG.

The finding is just one piece of good news from the report. Another: Canadaa��s manufacturing sector is finally poised for a true recovery after spending almost 10 years simply trying to survive.

The report, based on a survey of 154 senior industry executives, found only 14 per cent of manufacturers planned to source from China, compared with 31 per cent in a 2013 survey.

Continue reading


Join the conversation. Share your comments or questions below.

Leave a reply.

You must be logged in to post a comment.