Survive & Thrive in BC’s...Oct 28, 2015 · Survive & Thrive in BC’s Manufacturing Sector...
Transcript of Survive & Thrive in BC’s...Oct 28, 2015 · Survive & Thrive in BC’s Manufacturing Sector...
Survive & Thrive in BC’s
Manufacturing Sector
Marcus Ewert-Johns Vice President, British Columbia, Canadian Manufacturers & Exporters
Canadian Manufacturers &
Exporters Canada’s leading industry / trade association
#1 lobby organization in Canada
Founded 1871, represents 10,000 companies
Member driven, member funded
Drive business competitiveness through:
Policy change
Workforce skills development
Productivity improvement and innovation programs
Business to business opportunities
Capacity support for SMEs
Manufacturing Matters
BC Stats, 2015
Manufacturing Very Diverse
TOP SUBSECTORS SALES JOBS SIZE
Wood Manufacturing $ 8.4 billion 29,300 16%
Food Manufacturing $ 8.2 billion 28,000 15%
Paper Manufacturing $ 4.5 billion 12,200 7%
Garment Manufacturing $ 2.5 billion 6,800 4%
Machinery Manufacturing $ 2.5 billion 8,600 5%
Primary Metal Manufacturing $ 2.4 billion 2,300 1%
Fabricated Metal Manufacturing $ 2.3 billion 12,300 7%
Electronics Manufacturing $ 2.0 billion 11,800 6%
Chemical Manufacturing $ 1.9 billion 7,100 4%
Transportation Equipment Manufacturing $ 1.8 billion 9,600 5%
Non-metallic Product Manufacturing $ 1.3 billion 6,200 3%
Other Manufacturing
(Medical & Consumer)
$ 1.2 billion 10,000 6%
Plastic $ 1.1 billion 4,300 2%
Furniture Manufacturing $ 0.8 billion 7,600 4%
Printing $ 0.7 billion 5,500 3%
Major Economic Multiplier
Every $1.00 of Manufacturing output creates $3.50 of
economic spin-off activity in a community
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Every 1.0 manufacturing jobs created results in 2.6 jobs
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StatsCanada, 2015
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Manufacturing Vital to BC
Economy
BC Stats, 2015
161,000
employees
1/3rd of 2015 Job Growth
37,600
11,400
WorkBC, BC Employment Trends, Jan to Sep 2015
Opportunities for Manufacturing
Local Opportunities
Hydro - Site C
Seaspan - NSPS
Natural resource industry growth
Transportation infrastructure development
International Opportunities
Resurging US Economy
Lower dollar driving exports
Korea FTA
Upcoming European (CETA) and Asian (TPP) FTAs
Challenges for Manufacturing
Global competition
Skilled labour shortage - 88,000 vacancies
Low productivity - $50.5/hr vs. $54.4/hr
Capacity constraints - highest since 2007
Increasing taxes, fee and capital costs
Perceived limited support from governments
Fed Prov Muni
Renaissance or Revolution?
Niche players thriving
Customer orientation
innovate, product and service
Advanced technology key
Visualization and design
Data / Process monitoring
Additive Manufacturing / Reconfigurable /
Automation
Materials (bio, smart, nano, printed)
Micromachining
The Way Forward
Carving out and fostering new niches critical
Moving up the value curve
Future industries developing in BC
Technical and Performance Apparel
Digital Optical and Sensor Systems
New Energy (generation, storage, propulsion)
Internet of Things – Internet of Value
Performance Software
October is …
Oct 28, 2015 – Anvil Centre, New Westminster
Labour Market Roundtable
Procurement Workshop
Hall of Fame Gala