Manufacturing sales fell by 1.2 per cent in November: StatsCan
Manufacturing sales dropped 1.2 per cent in November, according to the latest data from Statistics Canada.
Manufacturing sales dropped 1.2 per cent in November, according to the latest data from Statistics Canada.
Total sales fell to $70.8 billion, a decline primarily driven by the auto sector.
The agency reported motor vehicle sales dropped 15.9 per cent, while the motor vehicle parts group also declined 6.3 per cent.
Additionally, the machinery subsector fell 3.2 per cent.
“These declines were partially offset by a 6.8 per cent increase in sales of petroleum and coal products,” Statistics Canada writes. “On a year-over-year basis, total sales were down 1.1% in November.”
Sales decreased in eight provinces, led by Ontario and followed by British Columbia.
Total unfilled orders also edged up 0.1 per cent in November, bringing the total to $112.9 billion.
“Higher unfilled orders of computers and electronics (+4.3 per cent) and fabricated metals (+1.8 per cent) contributed the most to the increase,” it said. “Meanwhile, unfilled orders of aerospace products and parts declined the most (-0.3 per cent). Year over year, total unfilled orders rose 6.9 per cent in November.
Statistics Canada also separately reported a drop in wholesale sales, which fell 1.8 per cent in November to $84.4 billion, marking the second-largest decline in the past two years.
Wholesale sales declined in four provinces, with Ontario and Quebec posting the largest decreases. A slight increase in B.C. helped to offset the overall drop.
“Sales fell in four of seven subsectors, representing 44.5 per cent of the wholesale trade sector (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain),” it said.
Excluding those products, wholesale sales fell 2.3 per cent.
Sadly..
Get used to it Canada.
By Lieberal design and with the cooperation of pretend Conservatives in a Province or two.
Canada is no longer open for business.
It is in Alberta and Saskatchewan but it looks like that is about it.
You did this to yourself Canada.
You had the opportunity to do better.
You failed to do that.
... AND YES .. I know that a lot of you got it and tried to reverse the absolutely stupidity and destruction that was Lieberal Governance that infected Canada in 2015 and I'm sorry you did not succeed. Very sorry...
But the ELBOWZOE ignorant fools were once again fooled by a liar and a fraud and now the price continues to be paid and that theme will continue for the Fraud is now attending with his fellow Globalists at The WEF and will be coming back with an entirely new set of ways to destroy Canada.
What a great shame...
So much potential.
Flushed down the toilet by the incompetent (intentionally so) thing called "Liberal Governance".