Canadian wholesale sales rose 1.8 per cent in January

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Canadian wholesale sales rose 1.8 per cent in January GlobeBusiness

The January results come ahead of what is expected to be a sharp downturn in the economy due steps taken to slow the spread in COVID-19.Statistics Canada says sales in the motor vehicle and motor vehicle parts subsector grew 3.0 per cent to $11.3 billion in January.

Meanwhile, the miscellaneous subsector climbed 3.1 per cent to $8.4 billion, boosted by the agricultural supplies industry which increased 10.5 per cent.Your time is valuable. Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening.

 

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