What Happened
Canadian Manufacturers Navigate Volatile Operating Environment
A new report shows that heavy equipment manufacturers in Canada are facing uneven growth due to various pressures, including trade disruptions and tariffs imposed by the US. Despite these challenges, the segment has seen some gains in recent years, with $54 billion in direct and indirect sales last year. The federal government has announced $1.5 billion in supports for the manufacturing sector, including a new $1 billion program to bolster the sector and a $500 million top-up to the regional tariff response fund. This report was first published by The Canadian Press on May 4, 2026.