The Chemistry Industry Association of Canada advocates for a competitive business climate in the various Canadian jurisdictions in which its members operate. A competitive business climate fosters new investment and ensures the economic sustainability of manufacturing operations in Canada.
A few facts about the chemistry industry's economic performance:
- In 2011, the global chemistry industry produced goods valued at $4.5 trillion US and traded $1.8 trillion US worth of goods internationally.
- Roughly 43 per cent of the global chemistry industry is located in the Asia Pacific region, while 27 per cent is located in Europe and 26 per cent in the Americas.
- In 2011, Canada's chemistry industry produced goods valued at $46 billion.
- The Canadian chemistry industry employs 83,300 people directly, and supports a total of 500,000 jobs in the Canadian economy when indirect employment is included
- While there are chemical-producing facilities in every province, Canada’s chemistry industry is concentrated in Ontario (43 per cent of the industry’s output), followed by Alberta (29 per cent) and Quebec (17 per cent).
- The chemistry industry is efficient; it employs the latest technologies, raising its productivity while its environmental footprint shrinks.