Monetary Policy (2)
CAD/USD
US dollars per Canadian dollar. A weaker CAD (higher value) increases import costs but benefits exporters.
BoC Rate
Bank of Canada overnight target rate. Affects borrowing costs for capital projects and credit terms.
Inflation (4)
CPI (CAN)
Year-over-year % change in Consumer Price Index. BoC targets 1-3%. Affects cost escalation clauses.
CPI (AB)
Year-over-year % change in Alberta CPI. Often diverges from national CPI due to energy sector dynamics.
IPPI
Month-over-month % change in Industrial Product Price Index. Measures prices received by manufacturers.
RMPI
Month-over-month % change in Raw Materials Price Index. Measures input cost pressure from commodities.
Freight & Logistics (4)
Gas CPI (CAN)
Month-over-month % change in Gasoline CPI (2002=100), Canada. Proxy for fuel cost trends. Directly impacts freight surcharges.
Truck Freight
For-hire motor carrier freight index. Tracks trucking costs for equipment moves, materials, and consumables to remote pad sites.
Rail Freight
Freight Rail Services Price Index. Tracks rail shipping costs for pipe, proppant, chemicals, and heavy equipment.
Pipe PPI
Month-over-month % change in US PPI for steel pipe and tubes. Directly tracks material cost trends for casing, tubing, line pipe, and facilities piping.
Purchasing Climate (3)
GSCPI
NY Fed Global Supply Chain Pressure Index. 0 = average, positive = pressure. >2 = severe disruption.
Ivey PMI
Ivey Purchasing Managers Index. Above 50 = expansion, below 50 = contraction.
Unemp (AB)
Alberta unemployment rate. Rising unemployment softens labour markets; falling tightens skilled trades.