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Canadian industrial product and raw materials price indexes, March 2026
Prices of products manufactured in Canada, as measured by the Industrial Product Price Index (IPPI), increased 2.4% month over month in March and gained 7.8% year over year. Meanwhile, prices of raw materials purchased by manufacturers operating in Canada, as measured by the Raw Materials Price Index (RMPI), increased by 12.0% month over month and rose 23.6% year over year. The IPPI increased 2.4% month over month in March, following a 0.6% increase in the previous month. The closure of the Strait of Hormuz, an important global shipping lane for petroleum and other products, was the main event impacting price ... (full story)
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I have ordered the United States Navy to shoot and kill any boat, small boats though they may be (Their naval ships are ALL, 159 of them, at the bottom of the sea!), that is putting mines in the waters of the Strait of Hormuz. There is to be no hesitation. Additionally, our mine “sweepers” are clearing the Strait right now. I am hereby ordering that activity to continue, but at a tripled up level! Thank you for your attention to this matter. President DONALD J. TRUMP
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