Canada's services sector contracted in November, PMI data show [Globe and Mail, The (Toronto, Canada)]
S&P Global Inc. (SPGI)
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Source: Globe and Mail, The
“Output and new business volumes deteriorated considerably, adding further to an already elevated level of spare capacity in the sector. Firms widely reported that clients were unwilling to commit to new work given considerable uncertainty in the outlook.” Canadian manufacturing PMI falls as trade tensions dent output, new orders The new business index declined to 45.0 from 48.8 in October and the employment measure was at 47.1, its lowest level since June 2020. Canada sends about 75 per cent of its exports to the United States so its economy has been badly hurt by the U.S.-led trade war. “Cost pressures also remained elevated, in part driven by tariffs, but also higher wage expenses,” Smith said, adding that competitive pressures meant that firms were unable to pass on higher operating costs to clients. The input prices index was at 60.1, down from 61.0 in October, while the prices charged measure declined to a seven-month low of 50.6. The S&P Global Canada Composite PMI O
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SPGI
Earnings
- 10/31/25 - Beat
SPGI
Sec Filings
- 12/4/25 - Form 8-K
- 12/1/25 - Form 8-K
- 11/13/25 - Form 8-K
- SPGI's page on the SEC website