Elevate your local knowledge
Sign up for the iNFOnews newsletter today!
Elevate your local knowledge
Sign up for the iNFOnews newsletter today!
Select Region
Selecting your primary region ensures you get the stories that matter to you first.
OTTAWA – Statistics Canada says manufacturing sales edged down 0.1 per cent in April to $50.9 billion, the first decrease in four months.
The agency says declines in the petroleum and coal product, aerospace product and parts, and machinery industries were largely offset by smaller gains in most other industries.
Economists had expected a gain of 0.4 per cent, according to Thomson Reuters.
In April, 14 of 21 industries representing about 60 per cent of manufacturing posted gains, despite the slight decrease in total sales.
Sales in the petroleum and coal product industry decreased 5.0 per cent in April to $6.9 billion, due to partial shutdowns at several refineries for maintenance and retooling. In contrast, sales in the motor vehicle industry rose 3.3 per cent to $4.4 billion.
Sales were down in five provinces in April, with Quebec posting the largest decrease.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Want to share your thoughts, add context, or connect with others in your community?
You must be logged in to post a comment.