BoC rate cut odds drop following April inflation report
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Editor's Note 
 
Hello, manufacturing executives! The 2026 Advanced Manufacturing Outlook survey officially launches this week. Be sure to fill it out and be part of our highly anticipated annual report, out this fall. You'll find the survey link in the ad below.
- Kirstyn Brown, Editor, Plant Magazine
 
News 
 
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Bank of Canada rate cut odds for June fall after April inflation data

On May 20, Statistics Canada reported a sharp slowing in the annual inflation rate — to 1.7 per cent in April from 2.3 per cent in March.


Importers warn new duty payment system will cause headaches, delays on top of tariffs

Fresh rules come into force May 20 that require businesses importing products into the country to post a security deposit, among other financial commitments.


Tariffs have changed Ontario budget approach, Ford says

A recent report from Ontario's Financial Accountability Office said American tariffs will reduce demand for Ontario's exports, slowing real GDP growth from the projected 1.7 per cent to 0.6 per cent.


Nissan slashes 15% of its global work force as the Japan automaker sinks into losses

Nissan Motor Corp. said it will reduce the number of its auto plants to 10 from 17.


Ontario and Manitoba Sign MOU to establish interprovincial trade

Through the MOU signed on May 14, Ontario and Manitoba are agreeing to improve the flow of goods, services, investment and workers.


 
 
SPONSORED SPOTLIGHT 
 
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Webinar: How manufacturers can leverage Marketing Automation strategies with ERP

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Features 
 
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Improving supply chain transparency with IoT applications

For a significant portion of Canadian manufacturers, moving from pen-and-paper systems to digital solutions created gaps in operational processes. » Read More...
 
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Strategic leadership is crucial for advanced technology investment in manufacturing

Experts say success depends on aligning tech adoption with business goals, ROI expectations and executive support—especially amid economic and geopolitical uncertainty. » Read More...
 
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Leveraging Canada's clean economy tax credits for a greener future

Canadian manufacturers can tap into over $100 billion in new tax incentives to drive innovation, sustainability and long-term growth. » Read More...
 
 
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German Technology Day    -    September 16, 2025

September 16, 2025 | 650 Dixon Road Etobicoke, Ontario – M9W 1J1 » Read More...