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

MVI sends 3 to hospital in Trail

Firefighters and RCMP attended the scene

Silver City putting a shine on bridge-to-park connector

Trail granted $250k for Groutage Avenue Revitalization Development project

Kootenay Lake ferry to shut down Saturday afternoon

Service to resume Sunday morning at 6:30 a.m.

PHOTOS: Nelson climate strike packs downtown to demand action

An inter-generational crowd staged a ‘die-in’ as part of the global strike Friday

VIDEO: Grizzly bears fight along northern B.C. highway in rare footage

Cari McGillivray posted the head-turning video, shot near Stewart, B.C., to social media

Handgun crackdown, health spending and transit plans latest campaign promises

Friday was the end of a busy week on the campaign trail

B.C. woman photographs massive ant swarm on Abbotsford driveway

She asked what the ants were doing? The answer: war

Police arrest B.C. phone scammer linked to illegal call centres in India

Person arrested in Burnaby here on a work visa, says police

Air Canada forced girl, 12, to remove hijab: civil rights group

The San Francisco Bay Area office of the Council on American-Islamic Relations calling for change

Man from Winnipeg who was hiking alone found dead in Banff National Park

RCMP say the man was hiking alone on Mount Temple Thursday

Takaya, B.C.’s intriguing lone wolf, seen eating seal and howling away on Discovery Island

Fun facts about Takaya the wolf, like his a 36-hour tour around Chatham, Discovery Islands

Resident finds loaded shotgun inside a duffle bag in Kelowna alleyway

RCMP seized a loaded 12-gauge shotgun, ammunition, clothing and other items

Graffiti, calls and Snapchat: RCMP probe string of threats targeting Kamloops schools

There have been nine different threats made to four different schools in the city

Most Read