Paint and Coatings Economic Impact
The CASE Industry Lasting Contributions to Canada's Economy
Billion in Product Shipments
Billion in Economic Output
Billion in Salaries
Jobs in Canada
Economic Impact Study
The economic impact of the Canadian paint and coatings industry identified in a recent study was categorized into two types of economic impact. The direct impact or the economic impacts resulting from business activity by coatings companies themselves, or the revenue generated by those companies. The indirect impacts take into account the “multiplier” effect of the coatings industry in Canada. When paint and coatings companies procure raw materials, they generate economic activity by their raw material suppliers and distributors. Also, when end-users of paint and coatings buy products, economic activity is generated at the paint store or retail end of the supply chain, generating attractive wages and salaries in the various segments.
Key Findings
CPCA engaged globally renowned consultancy Orr & Boss to conduct an Economic Impact Study of the Canadian paint and coatings industry. It is generally defined as the manufacture and sale of coatings, adhesives, sealants and elastomers or CASE, as it’s commonly known in the industry. The details related to the findings below are outlined in detail throughout the impact study in terms of the direct, indirect and induced benefits for Canada’s economy. The study looks at the total value chain from raw material supply, to the point of sale and the end-users. That value chain included the following: coatings manufacturers, raw material suppliers, paint equipment manufacturers, paint accessories and allied products, freight companies, paint retail stores, end users, body shops, paint applicators and product stewardship.
Industry Sectors
The Coatings Industry has over a dozen sectors creating paint and coatings that extend the life-cycle of many products, machinery, infrastructure, and goods for Canadians. The industry works collaboratively with many lateral markets including: construction, automotive, oil and gas, mining, wood and metal products, aerospace, machinery, paper, metal containers, coil, transportation equipment and general industrial manufacturing.
Environmental Impact
Canadian Manufacturers formulate coatings products that meet or exceed the highest regulatory standards in Canada. These products are subject to many regulations and are compliant and safe for use in many applications and across various markets. These products perform in the toughest climate and meet rigorous demands and are chemically engineered to minimize the risk to human health and the environment.
ESG + Sustainability
The coatings industry in Canada leads the world in post-consumer paint recycling with a program in every province. In 2020, 30+ million kilograms of paint were recycled, enough to paint 2.1 million homes. Canadian manufacturers are diligent product stewards with thousands of recycling plants and depots across Canada for consumers to safely drop off empty cans.
Industry Contribution To GDP,
Taxes & Employment
Canada
GDP For Case
Taxes Collected
Induced Employment
Select Province
