Featured Report

2016 Year-End Survey of Business Conditions

2016 Highlights:

  • The word sluggish was repeated over and over in 2016 and may characterize the year – from customers, to level of rail service, from government engagement in the economy, to prospects for growth.
  • Sales of industrial chemicals will be approximately $23 billion, a decline of 2% compared to 2015. Using constant dollar shipments as a proxy for output, volumes increased 3% compared to 2015. This indicates that on an aggregate basis, selling prices declined over the year, leading to the lower revenue estimate.
  • Exports in dollar terms will decrease by about 4% compared to 2015, coming in at $18.5 billion and reflecting a challenging trade environment.
  • Operating profits will fall about 9% for the year, dropping under $3 billion for the first time since 2012. However we are experiencing the ninth consecutive year of high profits since the last recession.
  • Capital expenditures in 2016 will be just over $1 billion, a decline of 7% compared to 2015. The large capital projects that were undertaken in the industry were essentially completed in 2016, and no new major projects were commenced.
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RESPONSIBLE CARE®  PERFORMANCE: DELIVERING ON OUR COMMITMENTS

January 12, 2017

Members of the Chemistry Industry Association of Canada (CIAC) continue to deliver results on environmental stewardship and transparency through their commitment to Responsible Care ® – CIAC’s U.N.–recognized sustainability initiative.

Responsible Care inspires its members to take actions that improve the sustainability of their operations and reduces harm throughout the entire life cycle of their products. Companies have to be transparent about their activities, and allow independent experts and members of the public to verify that they’re living up to the standards set by Responsible Care®. In addition, for more than 20 years, CIAC members have reported their emissions data and advancements in areas such as workplace and transportation safety, community engagement, and waste reduction. The results are publicly available in CIAC’s annual Responsible Care® Progress Report.

Sustainability Indicators

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2016 Statistical Review of the Canadian Chemical Manufacturing Sector

July 11, 2016

Canada’s $53 billion chemical industry is a significant contributor to our country’s economy. The sector is directly responsible for 87,500 jobs and pays over $6 billion in salary and wages. Primarily concentrated in Alberta, Ontario and Quebec, the industry supports more than 525,000 jobs in other manufacturing sectors across the country.

CIAC’s Annual Industry Economic Profile provides a statistical review of various key industry indicators including number on shipments, imports, exports, and employment. The report also includes a section on specialty chemicals, statistics for the key provinces of Quebec, Ontario and Alberta, and for the segments of the industry of primary interest to CIAC members.

Executive Summary

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2015 Year-End Survey of Business Conditions

December 09, 2015

Every year, the Chemistry Industry Association of Canada conducts a survey of its member-companies, and provides an economic forecast for the industry based on members’ sales, trade and employment indicators. This report is prepared by CIAC’s Business and Economics Team and is based on the aggregated results of that survey.

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2015 Statistical Review

June 26, 2015

This publication is prepared by the Chemistry Industry Association of Canada (CIAC)’s Business and Economics division which provides economic analysis of government policy initiatives, business trends and changing industry dynamics. The Business and Economics division also publishes provincial and national brochures and conducts a year-end economic survey of the Chemistry Industry Association of Canada’s members.

View: Executive Summary

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2014 Year-End Survey of Business Conditions

December 15, 2014

Every year, the Chemistry Industry Association of Canada conducts a survey of its member-companies, and provides an economic forecast for the industry based on members’ sales, trade and employment indicators. This report is prepared by CIAC’s Business and Economics Team and is based on the aggregated results of that survey.

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Capital Allowance Systems for Chemical Corporations: Canada vs. United States

November 06, 2014

This research study, commissioned by CIAC, compares the differences in capital allowances (tax depreciation) for capital expenditures incurred by chemical corporations in Canada and the United States.  The study concluded that a comparable Canadian rate for the write-off of capital costs for manufacturing machinery and equipment (class 43) would be 45 per cent (current rate is 30 per cent), and that coverage for depreciation allowance for chemical investments in the U.S. is significantly broader than it is in Canada. The study also noted that “capital allowance deductions are generally a factor in decision-making models and affect the Net Present Value of potential investments.”

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