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Canadian Manufacturing in Gloom as Trade War Fuels Recession FearsCanada's manufacturing sector is mired in a deep slump, with the April Manufacturing PMI dropping to 45.3, a new low since May 2020, shrinking for 11 consecutive months. The output index plunged to 42.7 and the new orders index to 41.2, hitting capital goods producers particularly hard. Uncertainties in US tariff policies have led companies to postpone decisions, and 75% of Canadian exports to the US (steel, aluminum, autos) are facing a 25% tariff shock. Retaliatory measures have exacerbated supply - chain disruptions.
May 13, 2025, 2:26 pm EDT
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'Daredevil: Born Again' Garners an 82% Freshness Rating and a 94% Popcorn Index on Rotten Tomatoes
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