The Canadian manufacturing sector showed a continued expansion in February 2026, with the Purchasing Managers' Index (PMI) rising to 51.0.
This follows a previous reading of 50.4 in January, which marked the first time the index surpassed the 50 threshold (indicating expansion) in a year. The prior month's reading for January was 50.4, up from 48.6 in December 2025.
A PMI reading above 50 signifies growth in the manufacturing sector, while a reading below 50 indicates contraction. This upward trend suggests improving conditions within Canada's manufacturing industry.
Canada Manufacturing Sector PMI Picks Up Again(current)