AEM report: Canada’s equipment manufacturing industry proving resilient amid economic headwinds
The Association of Equipment Manufacturers (AEM) has released its triennial report, "The Economic Impact of the Canadian Equipment Manufacturing Industry." The report finds that the industry experienced overall growth compared to 2022, with an 11 percent increase in sales and 3.3 percent growth in employment. While equipment manufacturers faced economic uncertainty due to fluctuating trade relationships, limited farm equipment demand, and weak growth in housing developments, strong infrastructure investment and critical minerals projects are bolstering demand for construction and mining equipment. Report overview
machineryasia 
The Association of Equipment Manufacturers (AEM) has released its triennial report, "The Economic Impact of the Canadian Equipment Manufacturing Industry." The report finds that the industry experienced overall growth compared to 2022, with an 11 percent increase in sales and 3.3 percent growth in employment. While equipment manufacturers faced economic uncertainty due to fluctuating trade relationships, limited farm equipment demand, and weak growth in housing developments, strong infrastructure investment and critical minerals projects are bolstering demand for construction and mining equipment.
Report overview
