Low capital-intensive manufacturing in Canada : Not necessarily a bad thing

"The manufacturing sectors on both sides of the 49th parallel recovered nicely from the recession. But the improvement in the US is not only stronger, it is also much more capital-intensive. However, before you go long US manufacturing, consider the fact that capital intensity does not necessarily mean better profit or equity market valuation. In fact, the different nature of the Canadian recovery might give manufacturers here an edge as we enter the more mature stage of the recovery"--page [1].