PROJECT 3a: FOOD MANUFACTURING PERFORMANCE
The Performance of Canada’s Food Manufacturing Industry: Food manufacturing is an important but generally under-appreciated part of the Canadian economy. The Ivey Business School reviews the performance of this sector and compares it to that of other manufacturing sectors. The work also provides context on the competitive environment in which food manufacturers operate by portraying where this sector has shown a certain amount of resilience and where this sector is facing particular pressures.
Commentary: The George Morris Centre Contributes to the Dialogue
The George Morris Centre (GMC) has offered an analysis of the Ivey Business School paper, The Performance of Canada's Food Manufacturing Industry, which was published as part of the CAPI research series into the processed food sector. GMC comments on the accurate and well-documented findings of that paper, but notes that the Ivey analysis ends in 2011. GMC states that profits and margin gains have been declining over the years and that these are characteristics of an industry under increasing pressure. GMC concludes by saying: "The data from 2011 to 2013 on food manufacturing sales, profits and employment show that the situation has eroded."