Wholesale sales rise in February, second-straight gain
Signage marks the Statistics Canada offices in Ottawa on Wednesday, July 21, 2010. (Sean Kilpatrick / THE CANADIAN PRESS)
The Canadian Press
Published Tuesday, April 22, 2014 10:09AM EDT
OTTAWA -- Statistics Canada says wholesale sales rose for a second consecutive month in February, up 1.1 per cent to $50.7 billion.
The agency says sales increased in all subsectors.
The motor vehicle and parts subsector led the February growth, rising 3.0 per cent to $8.4 billion following two consecutive monthly declines.
The motor vehicle industry, with sales up 4.7 per cent, accounted for most of the increase.
The machinery, equipment and supplies subsector recorded the second-largest increase in dollar terms in February, with sales up 0.8 per cent to $10.7 billion.
Sales rose in eight provinces, with Ontario accounting for much of the gain.