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.

Just Posted

Delays at railroad crossing cause for concern

About 1870 Fernie residents are temporarily isolated when the train passes through town

Kootenay-Columbia candidates attend Creston Valley Chamber of Commerce 2019 election forum

About 120 people attended the Creston Valley Chamber of Commerce 2019 election forum on Oct. 16 at the Prince Charles Theatre.

Fernie’s Tiny Home Hotel celebrates grand opening

Mayor Qualizza said many other communities have been asking about Fernie’s groundbreaking project

Two years later, City of Fernie remembers

Oct. 17, 2019 marks two years since the tragic ammonia leak at Fernie Memorial Arena

Cycling Without Ages Launches on Sunday at The Arts Station

‘Did you ever want to do a biking Miss Daisy cruise around town with community leaders?’

Fashion Fridays: 5 things to remove from your closet

Kim XO, helps to keep you looking good on Fashion Fridays on the Black Press Media Network

Kawhi Leonard, former Toronto Raptor, welcomed back to Vancouver at pre-season game

Fans go wild at pre-season game between L.A. Clippers and Dallas Mavericks at Rogers Arena

Greens and NDP go head to head on West Coast; Scheer takes fight to Bernier

Trudeau turns focus to key ridings outside Toronto after two days in Quebec

Canucks beat Stanley Cup champs 4-3 in a shootout

Leivo nets winner, Vancouver dumps St. Louis for fourth straight win

‘The more you test, the more you find’: Beef recalls a sign of success, experts say

Despite appearances, experts say a recent rise in major recalls is not a sign of food supply problems

Scholars say religious vaccine objections can’t be traced to Biblical sources

Vaccinations are a requirement to attend class in Ontario and New Brunswick, while B.C. launched a demand this fall

ELECTION 2019: How would the major parties address Canada’s housing crisis?

Promises include speculation taxes, more affordable housing, and declaring housing a human right

Japanese buyer expands wood pellet contract with B.C.’s Pinnacle

Mitsui and Co. increases contract with Interior energy producer

ELECTION 2019: Have Justin Trudeau’s Liberals really cut middle-class taxes?

Conservative Andrew Scheer vows to cut bottom bracket, NDP’s Jagmeet Singh targets wealth tax

Most Read