Wednesday, October 22nd12.2°C
23840
23589

Wholesale sales flat in November at $50.4B, Statistics Canada says

OTTAWA - Statistics Canada says wholesale sales were unchanged in November at $50.4 billion.

The agency says lower sales in five subsectors, representing 63 per cent of wholesale sales, were offset by higher sales in the motor vehicle and parts subsector and the food, beverage and tobacco subsector.

Excluding motor vehicle and parts, where sales rose 2.5 per cent, overall wholesale sales declined 0.5 per cent.

Sales rose 1.2 per cent in the food, beverage and tobacco products subsector, largely because of increases in the food products industry.

The machinery, equipment and supplies subsector had the largest decrease in dollar terms, down 0.8 per cent to $11 billion.

The construction, forestry, mining, and industrial machinery, equipment and supplies industry fell 8.0 per cent and pushed down this subsector overall.

Higher sales were recorded in four provinces, which together account for 57 per cent of wholesale sales in Canada.

The Canadian Press


Read more Business News

23015


Recent Trending




Today's Market
S&P TSX14312.07-235.64
S&P CDNX808.00-14.28
DJIA16461.32-153.49
Nasdaq4382.847-36.632
S&P 5001927.11-14.17
CDN Dollar0.8899+0.0004
Gold1241.90-3.60
Oil79.93-2.03
Lumber329.60+0.90
Natural Gas3.662-0.049

 
Okanagan Companies
Pacific Safety0.12+0.02
Knighthawk0.01-0.005
QHR Technologies Inc1.15-0.02
Cantex0.055-0.025
Anavex Life Sciences0.198+0.006
Metalex Ventures0.05+0.005
Russel Metals32.53-0.56
Copper Mountain Mining2.10-0.07
Colorado Resources0.145-0.005
ReliaBrand Inc0.013+0.001
Sunrise Resources Ltd0.05-0.01
Mission Ready Services0.405-0.055

 



23630

FEATURED Property
1761161959 Regal Road
5 bedrooms 6 baths
$1,495,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Keep it rubber side down

This time of year, I always worry about which friends of mine will get caught going off the road in adverse weather conditions. With a little preparation most accidents can be avoided. Having won the...


Big bank predicts rate hike

Photo: Thinkstock.comThe end of record-low rates is nigh, according to one major bank, which has taken a stance and predicted when the Bank of Canada will raise its long-standing overnight rate. &ldq...


Experts share strategies in Kelowna

The third week in October is “Small Business Week”, a week dedicated to supporting local, small businesses. The week was designed to bring awareness to Canadians about the role small busin...

_








Member of BC Press Council


23091