Statistics Canada reports wholesale sales rose 1.7 per cent in April

OTTAWA — 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.

Just Posted

Study says rents in most cities are unaffordable for lower-income earners

OTTAWA — A minimum-wage worker could afford to rent in just a… Continue reading

Re-balancing Red Deer’s residential growth begins with Hazlett Lake plans

Northwest neighbourhoods to be developed over next decade or two

Summer travel deals require flexibility if you want to find a deal

OTTAWA — As social media feeds fill up with pictures of friends… Continue reading

Opinion: Supervised consumption sites can’t be abandoned in Alberta

By Heather Sweet When Jason Luan, the provincial government’s associate minister of… Continue reading

FIFA claims progress in letting women attend games in Iran

ZURICH — FIFA says Iran’s soccer federation supports letting women attend 2022… Continue reading

Diving gold and perfect marks for Chen Yuxi at age 13

GWANGJU, Korea, Republic Of — Thirteen-year-old Chinese diver Chen Yuxi won the… Continue reading

Louvre in Paris removes Sackler name after opioid protests

PARIS — France’s Louvre Museum in Paris has become the first major… Continue reading

Man shouting ‘You die’ kills nearly 30 at Japan anime studio

TOKYO — A man screaming “You die!” burst into an animation production… Continue reading

Devers hits solo shot, drives in 4; Red Sox beat Jays 5-4

Red Sox 5 Blue Jays 4 BOSTON — Rafael Devers hit a… Continue reading

Argonauts still looking for first win as they face Stampeders on road

CALGARY — Dave Dickenson warned that the Calgary Stampeders can’t take a… Continue reading

Natural gas producers demand government action in open letter to Kenney

CALGARY — The CEOs of nine Alberta natural gas producers have released… Continue reading

Most Read