Manufacturers' Outlook: Four Reasons To Be Optimistic In 2016

If you've as much as glanced at a Canadian economic growth forecast in recent weeks, you're likely well aware that 2016 isn't expected to be a booming year. Yet, despite this less-than-ideal news, the majority of Canadian manufacturers continue to be cautiously optimistic about the year ahead.

In Manufacturers' Outlook 2016—a report published recently by PLANT magazine and sponsored by Grant Thornton LLP—32 percent of the manufacturers interviewed said they were downright optimistic about the year ahead, while another 58 percent said they were cautiously so. And while these business owners and executives are the first to admit they will face their fair share of challenges this year—most notably around costs, pricing, sales and the Loonie—they're nevertheless upbeat.