Advanced manufacturing is thriving in Canada and drawing international investment. This cutting-edge industry includes robotics, 3D printing and automotive manufacturing. Global companies are attracted to Canada’s unmatched R&D programs, abundance of skilled talent and generous government incentives.
Canada is an international leader in system integration, artificial intelligence, sensors, machine vision and automation. As Industry 4.0 becomes more prominent than ever, Canada is well-positioned to integrate these technologies with manufacturing operations, giving investors a competitive edge.
Did you know?
• Canada’s advanced manufacturing GDP grew by 3.7% from 2017–2019
• 40% of Canadian manufacturers use advanced manufacturing technologies
• Canada is ranked 5 out of 25 countries on the Automation Readiness Index 2018
Through the Advanced Manufacturing (NGen) Supercluster, the Government of Canada is dedicated to supporting the growth of manufacturing companies. This initiative connects businesses, industry groups, and post-secondary and research institutions, enabling them to accelerate Industry 4.0 manufacturing technologies.
Investors also benefit from programs like the Accelerated Investment Incentive. This federal tax credit allows companies to immediately write off 100% of newly acquired manufacturing and processing equipment in the first year. Plus, Canada is the first country in the G20 to offer a tariff-free zone for industrial manufacturers. This means that businesses can import advanced machinery and equipment from their parent companies with no import duties.
Join leaders like 3M, GM, Procter & Gamble, Toyota and many others who have already invested in advanced manufacturing in Canada.
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Learn more about Canada’s advanced manufacturing investment opportunities, including robotics, 3D printing and automotive manufacturing: [ Ссылка ]
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