Manufacturers' Outlook: Three Reasons To Look Forward To 2017

Between Brexit, a Donald Trump presidency and a fluctuating loonie, no one knows exactly what 2017 will bring for manufacturing—but many Canadian manufacturers are nevertheless cautiously optimistic about the year ahead.

That was the view reflected by most of the 526 senior executives that took part in PLANT Magazine's Manufacturers' Outlook 2017, an annual survey co-sponsored by Grant Thornton. Fifty-five percent of the survey's respondents revealed they were cautiously optimistic about their business prospects in 2017, with 52% expecting to increase their orders, 55% expecting to grow their sales and 42% expecting to increase their profits, all while keeping their pricing the same.