Article: Barbados International Business Corporations.

The Canadian manufacturing industry is facing significant business and structural challenges that have seen their level of importance relative to other sectors in the economy, such as services, fall. Over the last several decades, the importance of manufacturing, as a percentage of GDP has steadily declined. This fall is do, in part, to changing trade patterns which have witnessed manufacturing entities relocate all or part of their manufacturing activities to lower cost countries such as Mexico and China.

The pressure on the Canadian manufacturing industry has also increased due, in part, to the weakening U.S. economy and the strengthening of the ...

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