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Updated at 06:06 AM ET · Quebec time

Two new reports on October’s manufacturing surveys and eight carried forward with their original dates. The guide to U.S. election results remains available for the November 3 vote.

10 articles

Canada 5 stories · Neutral News

Vehicles on an automotive assembly line
Opel assembly line in Gliwice, Poland. Illustrative photograph of manufacturing. Marek Ślusarczyk (Tupungato) · CC BY 3.0 · Image resized; cropped for display.
01 / Canada · Industry

Canada: manufacturing PMI falls below 50

October’s survey points to weaker activity and price pressures.

1 min read·2 documents consulted
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New report dated November 3, 2026, on the survey released November 2. Figures cross-checked between Reuters and Dow Jones; S&P Global’s original release was inaccessible during verification.

ActivityAn index below 50. [1]

SupplyLonger delivery times. [2]

PricesIncreases despite the slowdown. [2]

Aerial view of docks and shipping containers in a port
Container terminal in Singapore. Illustrative photograph of maritime trade. CHUTTERSNAP · Unsplash License · Image resized; cropped for display.
02 / Canada · Trade

Canada–U.S. trade: Carney says talks will continue

Carney and Trump describe a possible agreement; no completed deal is announced.

2 min read·9 documents consulted
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Carried forward November 3, 2026. November 1 statements retained; the sources checked this morning do not establish a completed agreement.

TimingTariff changes in effect since October 30. [1]

TalksWork planned for the coming weeks. [7]

ScopeOther tariff regimes remain separate. [1]

Peace Tower and the facade of Centre Block
Centre Block and the Peace Tower in Ottawa. Archive photograph of Canada’s Parliament. Saffron Blaze · CC BY-SA 3.0 · Image resized; cropped for display.
03 / Canada · Cost of living

Fuel: federal excise tax suspension extended

The legislation received royal assent on October 29.

1 min read·3 documents consulted
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Carried forward November 3, 2026. October 29 royal assent and the 2027 reinstatement schedule retained.

StatusRoyal assent confirmed. [1]

DatesRates return gradually in 2027. [2]

ScopeA federal tax, without setting retail prices. [2]

Aerial view of docks and shipping containers in a port
Container terminal in Singapore. Illustrative photograph of maritime trade. CHUTTERSNAP · Unsplash License · Image resized; cropped for display.
04 / Canada · Economy

Canada: GDP stalls in August

September’s advance estimate points to a 0.1% decline.

1 min read·2 documents consulted
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Carried forward November 3, 2026. August data released October 30; September remains an advance estimate.

ActivityTwo months of stagnation. [1]

ExpectationsExpected growth fails to materialize. [2]

LimitSeptember is still an advance estimate. [1]

Facade of the Bank of Canada’s historic building
The Bank of Canada’s historic building in Ottawa. Illustrative photograph. Wladyslaw · CC BY-SA 3.0 · Image resized; cropped for display.
05 / Canada · Economy

Bank of Canada raises its policy rate to 2.50%

The October 28 increase addresses the risk of energy costs spreading to other prices.

1 min read·2 documents consulted
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Carried forward November 3, 2026. October 28 decision retained; the next decision is scheduled for December 9.

DecisionAn increase of 0.25 percentage point. [1]

CreditBorrowing costs could rise. [2]

ReservationsSome economists worry about the recovery. [2]

United States 5 stories · Neutral News

Facade and dome of the U.S. Capitol
The U.S. Capitol in Washington. Illustrative photograph. Louis Velazquez · Unsplash License · Image resized; cropped for display.
01 / United States · Elections

United States: how to read November 3 election results

Media projections and official certification are different stages of the process.

1 min read·2 documents consulted
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Carried forward November 3, 2026. Guide published November 2, carried forward for Election Day. It explains procedures and presents no election results.

ProjectionsEstimates before counting is complete. [2]

StatusInitial results are unofficial. [1]

VerificationElection authorities certify results. [1]

Vehicles on an automotive assembly line
Opel assembly line in Gliwice, Poland. Illustrative photograph of manufacturing. Marek Ślusarczyk (Tupungato) · CC BY 3.0 · Image resized; cropped for display.
02 / United States · Industry

United States: ISM manufacturing index rises in October

Activity strengthens while cost pressures persist.

1 min read·2 documents consulted
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New report dated November 3, 2026, on October findings released November 2.

ActivityTen months of expansion. [1]

ProductionThe highest reading since 2021. [2]

ConfidencePersistent concerns. [2]

A folded U.S. twenty-dollar banknote
A U.S. twenty-dollar banknote. Illustrative photograph. United States Department of the Treasury · Public domain · Image resized; cropped for display.
03 / United States · Health insurance

Virginia: enrollment for premium assistance is open

Virginia Premium Savings applies to 2027 health coverage.

1 min read·3 documents consulted
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Carried forward November 3, 2026. November 1 opening and previously verified conditions retained. The program website was inaccessible during this morning’s check.

TimingEnrollment for 2027 coverage. [1]

ConditionsIncome alone does not determine eligibility. [2]

CorroborationSunday opening confirmed. [3]

A folded U.S. twenty-dollar banknote
A U.S. twenty-dollar banknote. Illustrative photograph. United States Department of the Treasury · Public domain · Image resized; cropped for display.
04 / United States · Economy

United States: annual PCE inflation reaches 3.6%

September data distinguish higher spending from growth in consumption volumes.

1 min read·2 documents consulted
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Carried forward November 3, 2026. September data released October 29; the next release is scheduled for November 25.

PricesAnnual inflation of 3.6%. [1]

ConsumptionEssentially flat volumes. [2]

Monetary policyExpectations are not decisions. [2]

A folded U.S. twenty-dollar banknote
A U.S. twenty-dollar banknote. Illustrative photograph. United States Department of the Treasury · Public domain · Image resized; cropped for display.
05 / United States · Economy

Federal Reserve holds rates at 3.75%–4%

Two officials preferred an increase.

1 min read·2 documents consulted
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Carried forward November 3, 2026. October 28 decision and ten-to-two vote retained.

RatesRange held at 3.75%–4%. [1]

DisagreementTwo votes for an increase. [1]

ContextAn expected pause after September. [2]