Rural Manufacturing

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Memorial University of Newfoundland

Abstract

Manufacturing represents a significant component of the rural economy in Canada, and offers significant potential for sustainable economic development in all areas of the country. Several studies in Atlantic Canada reflect findings in the U.S. and Europe in this regard. The OECD’s “New Rural Paradigm” – outlining characteristics and best practices for sustainable development in the new economy – emphasizes that SMEs utilizing modern manufacturing technology, and focusing on niche production, can be a significant element of national economies that maximize the development potential of all regions.