A pile of cedar planks is seen at a lumber yard Tuesday, April 25, 2017 in Montreal. Statistics Canada says wholesale sales rose 1.4 per cent to $64.1 billion in March. Statistics Canada says wholesale sales fell 0.5 per cent in April to $79.8 billion as the miscellaneous goods and the building materials and supplies subsectors posted the largest declines. THE CANADIAN PRESS/Paul Chiasson
June 16, 2022 - 5:58 AM
OTTAWA - Statistics Canada says wholesale sales fell 0.5 per cent in April to $79.8 billion as the miscellaneous goods and the building materials and supplies subsectors posted the largest declines.
The agency says sales fell in five of seven subsectors comprising more than three-quarters of total wholesale activity in Canada.
The miscellaneous subsector fell 3.4 per cent to $11.5 billion as the agricultural supplies industry dropped 13.6 per cent to $3.3 billion driven by lower imports of fertilizer from Russia.
The building material and supplies subsector dropped 1.4 per cent to $14.0 billion in April as the lumber, millwork, hardware and other building supplies group fell 3.8 per cent to $7.5 billion.
Sales in the machinery, equipment and supplies subsector rose 1.8 per cent in April to $16.5 billion.
Overall sales in constant dollars fell 0.6 per cent in April.
This report by The Canadian Press was first published June 16, 2022.
News from © The Canadian Press, 2022