OTTAWA (CU)_In late July, RSM Canada published a report in which it asserted that the manufacturing sector could lead the Canadian economy out of the COVID-19 recession, as the industry reports a faster recovery from the global health crisis. According to the Toronto-based consultancy firm, the manufacturing sector is currently outperforming pre-pandemic levels, with sales in the industry surpassing figures reported prior to COVID-19. These findings have now been reaffirmed by the Canada’s national statistical office, which announced on Monday (16 August) that manufacturing sales in June escalated by 2.1 per cent to $59.2-billion, particularly on the back of increased production of auto assembly plants and higher sales of petroleum and coal products.
By the end of the second quarter of this year, manufacturing sales increased in…
