Blog – Manufacturing – Canada – April 2021 1. PMI - https://ca.news.yahoo.com/canadas-ivey-pmi-shows-activity-141730185.html 2. Skills - https://www.canadianmanufacturing.com/features/ways-to-inject-new-talent-into-the-factory-of-the-future/ 3. Reshoring - https://thefutureeconomy.ca/interviews/canadas-position-in-global-trade/ 4. USA looking at reshoring - https://ca.news.yahoo.com/report-reshoring-could-drive-443-132700577.html 5. Robotic systems - https://www.ippt.ca/partnership-to-further-advance-manufacturing-automation/?utm_source=rss&utm_medium=rss&utm_campaign=partnership-to-further-advance-manufacturing-automation 6. New normal - https://www.canadianmanufacturing.com/manufacturing/digital-shift-cushioned-blow-to-post-pandemic-growth-outlook-boc-deputy-says-270503/ 7. FDI - https://www.investontario.ca/spotlights/canada-rises-2nd-place-kearneys-foreign-direct-investment-confidence-index 8. Top contract manufacturers - https://clutch.co/ca/logistics/manufacturing-companies 9. Grants - https://www.canadianmanufacturing.com/technology/feds-announce-investments-for-business-scale-up-and-productivity-in-manitoba-270511/ 10. https://www.canada.ca/en/innovation-science-economic-development/news/2021/06/new-investment-in-electric-buses-to-create-jobs-and-cut-pollution.html

1. Manufacturing –
Canada
Paul Young CPA CGA
June 14, 2021

2. Paul Young - Bio
• CPA, CGA
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information: Paul_Young_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga

3. 3
Agenda
• PMI Index – Canada
• Commodity
• AG Equipment
• Automotive and other KPIs
• Blog – Manufacturing Strategy
• Blog – Automation and Manufacturing
• Summary

4. 4
PMI – Canada
Source - https://tradingeconomics.com/canada/manufacturing-pmi

5. 5
Commodities
Source – BMO Economics

6. 6
AG Equipment
Source – Association of Equipment Manufacturers

7. 7
Oil, Automotive and other KPIs
Source – Stats Canada, BakerHughes, Scotiabank, IES, RBC, BMO, etc.

8. 8
Manufacturing Sales – Canada
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/210614/dq210614a-eng.htm

9. 9
Manufacturing Sales by Province
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/210514/dq210514a-
eng.htm

10. 10
Manufacturing – Durable vs Non-
Durable Goods – Canada
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/210614/dq210614a-
eng.htm

11. 11
Developing a new Manufacturing
Strategy
Supporters of American manufacturing have been crying for a national manufacturing strategy for many years. They know that if the U.S.
does not have a plan with measurable objectives, nothing will change, and we will not re-industrialize America.
The first compelling reason to develop a plan is that our competitors have manufacturing plans and strategies that have allowed them to
successfully export to the U.S. In fact, China’s “Made in China 2025” plan spells out exactly which industries and technologies they want
to dominate in the future. Why can’t we develop a plan?
Second, the Bureau of Labor Statistics shows that 38 manufacturing industries are declining in terms of establishments and employment.
We need a strategy to stop the erosion of our manufacturing base and specify which industries are critical and need to be saved.
Third, we need to prevent the loss of high value-added manufacturing sectors like the advanced technology industries.
Source - https://www.industryweek.com/the-economy/public-policy/article/21159910/america-needs-a-manufacturing-
strategy?utm_source=IY+IW+Daily+Headlines+-
+Morning&utm_medium=email&utm_campaign=CPS210329052&o_eid=7930I4506489J2B&rdx.ident%5Bpull%5D=omeda%7C7930I450
6489J2B&oly_enc_id=7930I4506489J2B
It is not the just the United States that needs to revisit their manufacturing strategy. Canada and other countries need to focus on how
best to manage the supply chain as part of mitigating risks related to geopolitical events -
https://www.slideshare.net/paulyoungcga/how-to-better-manage-your-supply-chain

12. 12
Blog – Transitioning to Automation –
Manufacturing
The manufacturing industry is getting the automated treatment. New advances in robotics and artificial intelligence are
changing the business for good as managers and CEOs look for ways to reduce their costs without sacrificing speed or
accuracy.
From faster shipping to near-perfect order accuracy and less downtime, automation can help you reach so many of your
goals. According to a recent survey of automated warehouses, 76 percent of respondents said they were more likely to boost
inventory accuracy to 99 percent or higher, 36 percent more likely to have reduced labor costs of an average of three
percent per year and 40 percent more likely to consistently ship within one day of an order’s placement.
Automation will change the face of the warehousing and manufacturing business in more ways than one. Here are four
companies changing the way we work:
• ABB
• Siemens AG
• Emerson Electric
• Schneider Electric
I have written many blogs on data, AI, security, and Platform as it relates to manufacturing and supply chain:-
Manufacturing - https://www.linkedin.com/pulse/blog-5-manufacturing-industry-trends-2021-paul-young/?published=t

13. 13
Blog - Manufacturing excellence through data
and analytics with these four initiatives
https://www.linkedin.com/pulse/blog-manufacturing-excellence-through-data-analytics-paul-
young/?published=t
The world of manufacturing has undergone massive changes since the start of the industrial revolution.
Technological improvements have been the catalyst that has transformed simple mechanization into cyber
physical machines. This expanse, known as the fourth industrial revolution (or Industry 4.0), has given rise to
the Industrial Internet of Things (IIoT) – increasing connectivity and improving efficiency, all through data.

14. 14
Blog – Reshoring
Blog - 83% of North American Manufacturers Are Likely to Re-shore Their Supply Chains in 2021
According to the latest 2021 Thomas State of North American Manufacturing Report, 83% of manufacturers are planning to add
North American suppliers to their supply chains within a year, a significant increase from 54% in March 2020.
Source - https://www.thomasnet.com/insights/83-of-north-american-manufacturers-are-likely-to-reshore-their-supply-chains-in-
2021-report/?ecms_id=eb8ad19e-e115-43c6-bcd1-
d154ecbbc5df&ecms_short=ART5121&doc_type=ted_article&sponsored=&acct=&parent_id=fc88208e-3b14-4c57-b051-
8c38b5d8281c&utm_content=featuredstory&position=1&linktype=title&channel=email&campaign_type=thomas_industry_updat
e&campaign_name=tiu210602&utm_campaign=tiu210602&utm_medium=email&utm_source=thomas_industry_update&tinid=2
21763045
Here is my link - https://www.linkedin.com/pulse/blog-83-north-american-manufacturers-likely-re-shore-paul-young/?published=t

15. 15
Summary
• All levels of government need to refocus policies to better
support domestic supply chains
• Automation in manufacturing will continue to evolve - Blog –
Micro factories, not Giga factories, Will Build It Back Better -
https://www.linkedin.com/pulse/blog-micro-factories-giga-build-back-better-paul-
young/?published=t
• Improving sourcing of products through use of data and AI
Blog - Q1 Sourcing Trends Reveal Cautiously Optimistic Shift in Industrial Priorities; Steel, PCB
Searches Increasing - https://www.linkedin.com/pulse/blog-q1-sourcing-trends-reveal-
cautiously-optimistic-paul-young/?published=t - This is another great article by Thomas.net on
the supply chain. I would encourage many of you to read as it will help you target solutions
that can better support supply chain management.