Page 24 - CFCM Jan-Feb-2021_Neat

CASF NEWS

Table 1.5: Economic Impact of Surface Finishing & The Canadian surface finishing industry has proven to be
Industrial Applied Paint & Coatings Segments strong and resilient. A highly regulated sector, the surface finish-
ing industry has shown tremendous responsibility in cooperating
with all levels of government to ensure products are safe to
Total
Direct Indirect Eco- human health and the environment. It does this while still
nomic performing to the standards expected by its customers and
Impact improving the economy’s overall sustainability record by increas-
Output (millions $) $ 3,695 $ 2,851 $ 6,546 ing the durability and lifetime of the surface finished part. As a
Wages & Salaries (million $) $ 858 $ 6549 $ 1,407 direct result of these value added activities, consumers’ cars last
Employment (Number of jobs 1000s) 20,397 18,041 38,438 longer, airplanes are safer, consumer electronics perform better,
the oil, gas, and mining industries are more efficient, and the
Canadian economy is more durable and productive — all as a
Table 1.6: Summary of GDP and Taxes Paid by result of the surface finishing industry.
Province (Millions of $) of Surface Finishing and In addition to cooperating with all levels of the Canadian
Industrial Coatings government, the surface finishing industry must and does comply
with regulations around the world due to the global nature of the
product. Good examples of these are the EU REACH regulation
Total
Taxes Total GDP and the RoHS Directive. Since many surface finished parts are
Collected used in the EU, many Canadian surface finishers must also ensure
Ontario $ 1,413 $ 492 that their products comply with the REACH regulation and/or the
RoHS Directive.
Alberta $ 353 $ 105
CASF has worked closely with all levels of government in
Quebec $ 329 $ 142
Canada and in committees to help develop appropriate regulations
British Columbia $ 191 $ 71
for the industry and promote compliance with existing regulations,
Manitoba $ 56 $ 24
thereby ensuring a strong, sustainable and environmentally
Saskatchewan $ 54 $ 19 compliant manufacturing industry in Canada. n
Atlantic Canada $ 62 $ 24
Total $ 2,458 $ 876 Bob Smith is Past President and Membership Chair, Canadian
Association for Surface Finishing (CASF), www.casf.ca

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24 CANADIAN FINISHING & COATINGS MANUFACTURING JANUARY/FEBRUARY 2021