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Canadian Businesses Diversify Supply Chains as DP World Survey Finds
The survey of 139 executives found 62% plan to add suppliers, while half expect to raise inventory levels.
- On Tuesday, the Global Trade Observatory released survey results showing 62% of Canadian supply-chain executives plan to increase supplier numbers to diversify sourcing for 2026.
- Canadian businesses are redesigning supply chains to improve resilience while positioning for growth, with 50% planning higher inventory levels, 30% pursuing friend-shoring, and 26% exploring nearshoring.
- When asked about growth drivers over the next one to three years, 51% cited demand from new markets, 51% pointed to artificial intelligence deployment, and 44% identified improved infrastructure.
- Infrastructure projects including the Contrecoeur expansion in Quebec and the Salish Sea Gateway in British Columbia are strengthening trade capacity to support these complex supply chains.
- Doug Smith, CEO of DP World in Canada, said businesses are "building supply chains that are both more resilient and better positioned for growth" through these strategies.
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St Catharines Standard+7 Reposted by 7 other sources
DP World Data Shows Canadian Businesses Diversifying Supply Chains to Build Resilience and Support Growth
VANCOUVER, British Columbia, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Canadian businesses are redesigning their supply chains to improve resilience while positioning for future growth, according to data from DP World’s Global Trade Observatory.
·Welland, Canada
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300 jobs axed as DP World looks to revamp European operations
DP World’s European operations look to be undergoing a major restructuring following the departure of several members of the senior commercial management team and confirmation of some 300 job losses. The precise shape of the restructure remains unclear, as a spokesperson for the Dubai-based terminal operator would only confirm to The Loadstar that there had been 300 staff redundancies across its European operations. Among the senior management t…
Coverage Details
Total News Sources11
Leaning Left7Leaning Right1Center1Last UpdatedBias Distribution78% Left
Bias Distribution
- 78% of the sources lean Left
78% Left
L 78%
11%
11%
Factuality
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