Statistics Canada reports wholesale sales up 0.3% in February

Wholesale sales gains were led by the motor vehicle and vehicle parts and accessories subsector

Vehicles are seen in a parking lot at the General Motors Oshawa Assembly Plant in Oshawa, Ont., on Wednesday, June 20, 2018. Statistics Canada says wholesale sales posted their third consecutive monthly gain as they increased 0.3 per cent to $63.7 billion in February. (THE CANADIAN PRESS/ Tijana Martin)

Statistics Canada says wholesale sales posted their third consecutive monthly gain as they increased 0.3 per cent to $63.7 billion in February.

Economists on average had expected a gain of 0.1 per cent for the month, according to Thomson Reuters Eikon.

READ MORE: Do you live with your partner? More and more Canadians don’t

Statistics Canada says wholesale sales gains were led by the motor vehicle and motor vehicle parts and accessories subsector, which rose 9.5 per cent to $11.6 billion.

Excluding the subsector, wholesale sales fell 1.5 per cent. Only two of seven subsectors advanced.

The building material and supplies subsector fell 5.3 per cent to $8.8 billion, while the machinery, equipment and supplies subsector dropped 1.3 per cent to $13.1 billion in February.

Wholesale sales in volume terms increased 0.3 per cent.

The Canadian Press

Like us on Facebook and follow us on Twitter

Just Posted

State of local financial crisis declared in Fort St. James

The District will have a job fair on July 31 to help workers find transitioning jobs

Update: Severe thunderstorm watch upgraded to warning for Cariboo North including Quesnel

Potential for strong wind gusts, large hail and heavy rain in the afternoon

Northern B.C.’s Ridley coal terminal sold, Canada divests, First Nations to own portion

Ten per cent of shares transferred to the Lax Kw’alaams Band and the Metlakatla First Nation

Vanderhoof Clippers are working towards getting a booth rebuilt at the Arena

Terry Lazaruk, president of the club said they haven’t been able to host sanctioned meets due to the lack of a proper timing booth

Skeena mainstem closed to recreational sockeye

Escapements expected to be below 800,000 threshold

Rents in most Canadian cities are unaffordable for lower-income earners: study

Roughly one-third of households, or 4.7 million, are renters

Psychics, drones being used to search for missing Chilliwack woman with dementia

Drones, psychics, dogs and more have been employed to help find Grace Baranyk, 86

B.C. mom to go to Europe court in hopes of getting alleged abducted daughter back

Tasha Brown alleges her estranged wife abducted their daughter Kaydance Etchells in 2016

‘Benzos’ and fentanyl a deadly cocktail causing a growing concern on B.C. streets

Overdoses caused by benzodiazepines can’t be reversed with opioid-overdose antidote naloxone

Scheer on Trump: It’s ‘offensive’ to question the family background of critics

Trump is being called a racist for saying that the four congresswomen should go back where they came from

Instagram expands Canadian pilot removing ‘like’ counts to more countries

Social media giant plans to roll out the test in Australia, New Zealand, Brazil, Japan, Italy and Ireland

Pamela Anderson adds star power to B.C. Green Party town hall

Celebrity attended Nanaimo meeting with representatives from U.S.-based environmental group

Olympic softball qualifier gets $150K boost from provincial government

2019 Americas Qualifier to be held in Surrey from Aug. 25-Sept. 1

Gas price inquiry questions Trans Mountain capacity, company denies collusion

The first of up to four days of oral hearings in the inquiry continue in Vancouver

Most Read