3 data points make it a trend. Manufacturing is accelerating.

Canada Manufacturing PMI (October 2024)

For the 3rd time in a row, the manufacturing PMI showed expansion, with a clear acceleration. As it is today, prospects in the manufacturing sector have been the highest since April of last year.

This is undubitabely good news, and shows that despite the tariffs that will likely go into force in January, the confidence in the outlook has not eroded, and …