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flag Canadian manufacturing expanded fastest in four years amid supply chain fears.

flag Canada's manufacturing sector expanded in April at its fastest pace in nearly four years, driven by increased stockpiling of materials to mitigate supply chain risks linked to the Middle East conflict. flag The S&P Global PMI rose to 53.3, the highest since June 2022, with output and new orders also rising significantly. flag However, analysts caution that this expansion may not be sustainable as it stems from precautionary measures rather than robust demand, and input cost inflation reached a three-and-a-half-year high.

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