Weather Alerts 1
Issued: 3:39 PM MDT Monday 13 April 2026
Insights — So What? (1 items)
Ivey PMI at 49.7 — below 50 signals contraction in purchasing activity. Supplier pricing power weakening. Good window for renegotiations and competitive bidding.
Action: Launch competitive bids, renegotiate pricing
Monetary Policy (2)
CAD/USD
Canadian dollars per 1 USD. A higher value means a weaker loonie — more CAD needed per US dollar.
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 (5)
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. StatsCan publishes with ~3-month lag.
US Truck Tonnage
ATA Truck Tonnage Index (US, seasonally adjusted, 2015=100). Published ~6-8 weeks after month-end — fresher than StatsCan Canadian trucking (~3-month lag). Directional proxy; US and Cdn freight trends correlate but are not identical.
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.
Inbound Pacific Freight (2)
Freight PPI
Month-over-month % change in US PPI for deep sea freight transportation. Proxy for ocean shipping cost trends on trans-Pacific routes.
Cargo PPI
Month-over-month % change in US PPI for marine cargo handling (stevedoring). Proxy for port-side handling cost trends.
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.