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2019 Canadian CEO Outlook Manufacturing Perspective

2019 Canadian CEO Outlook Manufacturing Perspective

Moving Canadian manufacturers ahead

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Tammy L. Brown

National Industry Leader, Industrial Markets

KPMG in Canada

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Man working on automotive production line

For KPMG's 2019 Canadian CEO Outlook, we reached out to 1,300 CEOs of large companies from around the world, 75 in Canada, to get their views on the highest-priority opportunities and most daunting challenges they and their businesses face. Similar to their industry peers, manufacturing CEOs are increasingly anxious over:

  • Mounting cyber risks
  • Their ability to remain agile
  • Their capacity for attracting talent that will enable them to embrace change and stay relevant in the global economy

Fortunately, manufacturing CEOs also align with 73 percent of Canadian CEOs who feel confident in their ability to compete. They also share the opinion of those who see speed-bumps in their path as motivators to disrupt. The next challenge is turning good intentions into sustainable success. The good news is that Canada's manufacturing sector has proven adept at adopting new technologies, materials and techniques to stay ahead of customer trends and market shifts. We have the momentum, but now we need the right people, partnerships, and unwavering focus on cyber security to avoid fizzling out.

Download the PDF to learn more about the biggest opportunities and barriers to growth impacting the manufacturing industry.

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