As Mark Carney continues to claim that no deal is better than a bad deal, an increasing number of Canadian firms are looking to move manufacturing production south. Carney was elected on a promise to secure a trade deal with Donald Trump, yet 16 months later, there is still no deal and no sign of one.

That lack of certainty is starting to drive decisions at Canadian manufacturing firms, according to a new survey from KPMG.

LILLEY: Canadian manufacturers moving south as Mark Carney fails to deliver on trade Back to video

Last week, the global consulting firm released a survey of business owners, executives and decision-makers at 275 Canadian manufacturing companies, ranging from firms with just over $10 million in annual sales to those generating more than $20 billion.

The results should be alarming.

KPMG found that 42% of firms have either already moved production to the United States or are considering doing so. Among firms with more than $300 million in annual sales, that figure rises to 49%, with 38% already having shifted some production south and another 11% considering........

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