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Rick Keleher picks up moulded bricks of raw material before they are flash moulded at ABS Friction brake pad manufacturing facility in Guelph, Ont, on June 9, 2014.
Rick Keleher picks up moulded bricks of raw material before they are flash moulded at ABS Friction brake pad manufacturing facility in Guelph, Ont, on June 9, 2014.
(Pawel Dwulit for the Globe and Mail)

The signs from Canada's factories that point to growth

This week’s global purchasing managers’ indexes (PMIs) are giving some of the strongest signals yet that Canada’s economy has emerged from its early-2014 slumber and is picking up speed. Not only are Canada’s long-suffering manufacturers stepping on the gas pedal, but the markets most critical to Canadian exporters are also the places set to deliver some of the strongest growth in activity and output.