Statistics Canada reports wholesale sales rose 1.7% in April

Wholesale sales rose 1.6 per cent in volume terms

Statistics Canada says wholesale sales increased 1.7 per cent to $65.3 billion in April, boosted by the motor vehicle and motor vehicle parts and accessories subsector.

The result topped the 0.2 per cent gain that had been expected on average by economists, according to Thomson Reuters Eikon.

Sales were up in five of seven subsectors accounting for 86 per cent of total wholesale sales.

Wholesale sales in the motor vehicle and motor vehicle parts and accessories subsector rose 3.2 per cent to $11.8 billion, the highest level since November 2017.

The machinery, equipment and supplies subsector increased 2.2 per cent to $13.9 billion.

Wholesale sales rose 1.6 per cent in volume terms.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Province, feds, Wet’suwet’en announce progress in MOU talks

Community engagement process launched to implement northern B.C. First Nation’s rights and title

COVID-19 tests come back negative in remote First Nation community

“There are no suspected cases in the community at this time.”

Wildway Farms open for business in Hagensborg

Local entrepreneurs Gwyneth Anderson and Joseph Battensby are hard at work at their new business

Young boy finds mask stolen during recent break-in

Gage Pootlass immediately took the mouse mask back to its rightful owner, Kathleen Booth

‘Don’t kill my mom’: Ryan Reynolds calls on young British Columbians to be COVID-smart

‘Deadpool’ celebrity responds to premier’s call for social influence support

Captain Horvat’s OT marker lifts Canucks to 4-3 win over Blues

Vancouver takes 2-0 lead in best-of-7 NHL playoff series with St. Louis

Widow of slain Red Deer doctor thanks community for support ahead of vigil

Fellow doctors, members of the public will gather for a physically-distanced vigil in central Alberta

Protesters showcase massive old yellow cedar as Port Renfrew area forest blockade continues

9.5-foot-wide yellow cedar measured by Ancient Forest Alliance campaigners in Fairy Creek watershed

Taking dog feces and a jackhammer to neighbourhood dispute costs B.C. man $16,000

‘Pellegrin’s actions were motivated by malice …a vindictive, pointless, dangerous and unlawful act’

Racist stickers at Keremeos pub leaves group uneasy and angry

The ‘OK’ hand gesture is a known hate-symbol

VIDEO: World responds to B.C. girl after pandemic cancels birthday party

Dozens of cards and numerous packages were delivered to six-year-old Charlie Manning

Expected fall peak of COVID-19 in Canada could overwhelm health systems: Tam

National modelling projections released Friday show an expected peak in cases this fall

Most Read