Material Costs Hit Four-Year Peak
Canadian builders and contractors are facing a massive supply squeeze. Here is why material costs just hit a four-year inflation peak.
What the video says
Your material costs just hit a 4-year inflation peak. Canadian manufacturing orders just plunged into contraction for the first time since March.
Panelists blame tariffs and US trade friction for dragging export orders down for a 4th straight month. Supplier delivery times are stretching to their longest since August 2022, driven by AI infrastructure demand.
This supply squeeze leaves business confidence at its lowest since December 2025, complicating Bank of Canada rate decisions. The Iran War, spiking energy prices and shipping delays pushed Canadian manufacturing input cost inflation in September to its highest level since July 2022.
