Inflation in Canada is climbing, and it has impacted the raw materials manufacturers use to produce goods. In fact, raw material prices have climbed 37% year-over-year on average. More than half of manufacturers say this is one of their top challenges. In this graphic from Canadian Manufacturers & Exporters (CME), we show which materials have seen the biggest price spikes over the last year. The table below shows the rate of inflation in Canada for select raw materials from May 2021 to May 2022. Crude energy materials led the rise, with the price of coal nearly doubling over the last year. Oil and natural gas ... (full story)