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

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.

Kimberley Pipe Band hosting Ceilidh fundraiser ahead of trip to Netherlands

Enjoy live music, food, dancing, and more at The Road to 2020 concert.

It happened this week in 1912

Oct. 13-19: Compiled by Dave Humphrey from newspapers at the Cranbrook History Centre and Archives

COTR Avalanche volleyball teams in fine form heading into season opener

Men’s and women’s teams square up against the Douglas Royals on Friday, Saturday

Josh Dueck elected to Canadian Paralympic Hall of Fame

Born and raised in Kimberley, he credits his supportive home town and family for making him who he is

VIDEO: First all-female spacewalk team makes history

NASA astronauts Christina Koch and Jessica Meir did work on International Space Station’s power grid

Zantac, the over-the-counter heartburn drug, pulled in Canada, U.S.

Health Canada also investigates possible carcinogen in some ranitidine drugs

B.C. public safety minister says cannabis edibles not in stores til January

Mike Farnworth says he wants regional issues considered when it comes to licensing

Greta Thunberg calls for climate action in Alberta, but doesn’t talk oilsands

Swedish teen was met with some oil and gas industry supporters who came in a truck convoy

Scheer denies spreading ‘misinformation’ in predicting unannounced Liberal taxes

Conservative leader had claimed that a potential NDP-Liberal coalition could lead to a hike in GST

Council asks to limit cruise ship visits to Victoria harbour

Mayor says motion is not meant to curtail current visits or limit local cruise industry expansion

Chilliwack man pleads guilty in crash that killed pregnant woman

Frank Tessman charged under Motor Vehicle Act for accident that killed Kelowna school teacher

Delays at railroad crossing in Kootenay town cause for concern

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

While waiting for election results, let’s talk curling

Well, I was wrong last week and I happily eat my words.… Continue reading

Most Read