Manufacturing is a key industry in the Canadian economy, accounting for 13 per cent of the gross domestic product. Nevertheless, the manufacturing industry is facing challenging times. In recent years, manufacturers have had to deal with oil shocks, Canadian and U.S. recessions, and a fluctuating Canadian dollar. Trade liberalization has heightened the intensity of competition from foreign producers and dramatically reshaped opportunities in U.S. export markets. Moreover, rising resource prices, demand shifts and shortages of skilled labour have forced manufacturers to be resilient and adaptive.
Many manufacturing companies have moved away from non-durables to produce more durables, invested in new technologies, and have focused on process improvements and operational efficiencies. In addition, some companies have chosen to outsource their regular processes to foreign partners while others have placed efforts on domestic production and reorganization.
Regardless of the approach taken, our Manufacturing group has proven to be a world leader in providing services and solutions to a wide range of companies in the manufacturing sector. We have represented some of the world’s largest manufacturing companies in issues ranging from licensing and distribution, patents and trade-marks, transfer pricing and tax, and union negotiations.
Blakes lawyers also have unrivalled expertise in advising on acquisitions and divestitures, arranging trade finance, and handling regulatory issues. In particular, we provide specialized skills in risk management, trade and regulation insight, brand promotion and protection strategies.
Our global experience also means that we can help manufacturers to navigate through the complexities of international trade issues including multi-jurisdictional tax implications, outsourcing and regulatory compliance.
The economic volatility and business cycle shocks affecting the Canadian manufacturing sector have driven companies to innovate and pursue new strategic initiatives. Throughout the challenges and changes, Blakes has remained at the forefront to provide effective business solutions and support industry players in every facet of the manufacturing industry.
Blakes is also a member of the Canadian Manufacturers & Exporters Association.