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: Canada’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.

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Via: http://world.einnews.com/article/214856013/CKiAA_2gPWU1Q881?ref=rss&ecode=a_wATU1Ute7NuT8T

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