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The Canadian Machinery and Equipment (M&E) market is a vast and diverse industry that encompasses a wide range of products and services. With a market size valued at over $29.3 billion in 2023, the Canadian M&E market is a significant driver of economic growth and productivity. The industry is expected to continue to grow in the coming years, driven by factors such as increasing demand from the manufacturing, construction, and resource extraction sectors.
The Canadian government is a major purchaser of machinery and equipment, with a procurement budget of over $10 billion annually. The government procures a wide range of M&E products and services, including construction equipment, industrial machinery, and information technology equipment. Government procurement plays a vital role in supporting the Canadian M&E industry and stimulating economic growth.
The Canadian government procures a diverse range of M&E products and services, including:
Construction machinery: excavators, bulldozers, cranes, and trucks
Industrial machinery: pumps, compressors, valves, and generators
Information technology equipment: computers, servers, software, and networking equipment
Medical equipment: surgical instruments, diagnostic equipment, and sterilization equipment
Scientific equipment: microscopes, spectrometers, and laboratory equipment
The top authorities for Canada M&E procurement include:
Public Services and Procurement Canada (PSPC)
National Defence (DND)
Canadian Coast Guard (CCG)
Parks Canada
Infrastructure Canada
The top winners of Canada M&E procurement contracts include:
Caterpillar Inc.
Deere & Company
Komatsu Ltd.
Siemens AG
United Technologies Corporation
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