Canada Wholesale Trade Likely Rose 1.3 Percent in March

Statistics Canada reported today that wholesale trade likely grew by 1.3 percent in March. The gains were primarily led by the machinery and equipment sector.

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Canada's wholesale trade sector showed signs of robust growth in March, with preliminary data suggesting a significant month-over-month increase. According to a flash estimate released by Statistics Canada, wholesale sales likely climbed by 1.3% compared to February. This upward trend was primarily fueled by strong performance within the machinery, equipment, and supplies subsector, reflecting increased investment and industrial activity across the nation.

Agricultural professionals inspect heavy equipment during the annual Farm Show held in Regina, Saskatchewan. REUTERS/Ed White/File Photo
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