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November 2024 Price Indexes Reflect Mixed Economic Trends

Justin Barber

22 Jan 2025

Statistics Canada reports that in November 2024, the Industrial Product Price Index (IPPI) rose by 0.6% compared to the previous month, marking a 2.2% increase year-over-year. This rise was influenced by a 1.6% depreciation of the Canadian dollar against the US dollar from October to November.

Meanwhile, the Raw Materials Price Index (RMPI) saw a decrease of 0.5% month-over-month, although it recorded a 2.0% increase compared to November of the previous year.

Lumber and wood products experienced a significant price increase of 5.7% in November, the largest monthly rise since March 2022.

These figures provide a snapshot of the pricing trends affecting Canadian industries and raw materials, reflecting the economic conditions and currency fluctuations impacting the market.

Durham Region Health Department Urges Residents Near Nuclear Stations to Obtain KI Tablets

The Durham Region Health Department has issued a reminder for residents living within 10 kilometers of the Pickering and Darlington nuclear generating stations to ensure they have potassium iodide (KI) tablets. These tablets are intended to reduce the risk of thyroid cancer in the event of a radioactive iodine release.

Weather report for Jan 22, 2025

Today's weather in Clarington, Ontario, sees flurries starting near noon, becoming heavy at times, and lingering throughout the day. Expect blowing snow in the afternoon, with about 2 cm of snow accumulation expected. Winds will pick up from the southwest at 30 km/h, gusting to 50 km/

Development Proposal Submitted for 500 Mearns Avenue in Bowmanville

Bousfields Inc. has submitted applications on behalf of Stylux Bowmanville Inc. for an Official Plan Amendment and Zoning By-law Amendment concerning a proposed development at 500 Mearns Avenue, Bowmanville. The development plan includes 97 residential units in the form of three-storey link townhouses, along with an internal private road and

Clarington Approves Economic Development Action Plan for 2025-2026

The Municipality of Clarington has approved its Economic Development Action Plan for 2025-2026, as discussed during the General Government Committee meeting on January 13, 2025. The plan, referenced in Report CAO-001-25, outlines several objectives aimed at enhancing economic growth in the area. Key objectives of the plan include supporting local

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Durham Region Health Department Urges Residents Near Nuclear Stations to Obtain KI Tablets

Weather report for Jan 22, 2025

Development Proposal Submitted for 500 Mearns Avenue in Bowmanville

Clarington Approves Economic Development Action Plan for 2025-2026