Canadian factory PMI shows sector contracting for first time in 2026
Canada’s manufacturing sector contracted in October for the first time this year as tariffs and ?geopolitical uncertainty weighed on activity, and after inflation pressures intensified.
The S&P ?Global Canada Manufacturing Purchasing Managers’ Index (PMI) fell to 49.6 last month from 51.5 in September, ?marking the first move below the 50 threshold since December. A reading below 50 indicates contraction in the sector.
https://finance.yahoo.com/economy/articles/canadian-factory-pmi-shows-sector-143515776.html