Canada’s manufacturing sector expanded in January for the first time in a year, with the S&P Global Manufacturing PMI rising to 50.4 as sentiment hit a three‑month high. Output stabilized and hiring inched up, but weak new and export orders, alongside tariff‑driven cost pressures, underline a fragile recovery for Canada’s industrial base.
https://www.reuters.com/world/americas/canada-manufacturing-pmi-expands-first-time-year-2026-02-02/