Thursday, October 23rd12.5°C
23840
23488

Manufacturing sales regain peak hit before last recession: StatsCan

OTTAWA - Statistics Canada says manufacturing sales rose 1.4 per cent to $51.2 billion in February.

The agency says that's the highest sales level recorded since July 2008, the peak that was reached before the last recession began.

It says the February gain was largely attributable to higher sales in the transportation equipment industry and the petroleum and coal product industry.

Transportation equipment sales rose 4.3 per cent to $8.9 billion, while sales in the petroleum and coal product industry increased 2.9 per cent to $7.5 billion.

The gains were partly offset by lower sales in the food, computer and electronic product and wood product industries.

While seven provinces reported higher sales in February, the bulk of the gain was concentrated in Ontario.

The Canadian Press


Read more Business News

23833


Recent Trending




Today's Market
S&P TSX14502.21+190.14
S&P CDNX809.121.12
DJIA16679.80218.48
Nasdaq4450.397+67.551
S&P 5001951.24+24.13
CDN Dollar0.8905+0.001
Gold1230.20-15.30
Oil81.70+1.57
Lumber330.30+1.60
Natural Gas3.618-0.041

 
Okanagan Companies
Pacific Safety0.105-0.015
Knighthawk0.01-0.005
QHR Technologies Inc1.16+0.01
Cantex0.065+0.01
Anavex Life Sciences0.1980.00
Metalex Ventures0.04-0.01
Russel Metals33.15+0.62
Copper Mountain Mining2.09-0.01
Colorado Resources0.14-0.005
ReliaBrand Inc0.013+0.001
Sunrise Resources Ltd0.05-0.01
Mission Ready Services0.40-0.005

 



23216

FEATURED Property
20682461821 Shaleridge Place
4 bedrooms 6 baths
$1,795,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Weakening global growth worries

The Big Picture Growth worries persist Worries about weakening global growth and its potential impact on the US economic recovery roiled markets around the globe this week. Europe continues to be the ...


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...

_








Member of BC Press Council


22632