Canadian Manufacturing Sales - June 15,2017
Canadian manufacturing sales increased 1.1 per cent in April, with the largest contribution coming from higher sales in the petroleum, coal and metals sectors. Overall, sales were higher in 13 of 21 manufacturing sub-sectors, reflecting broad-based strength in the Canadian economy.
In BC, manufacturing sales increased 1.2 per cent on a monthly basis and were up 8.8 per cent year-over-year. The manufacturing and export sector continues to be a significant driver of economic growth for the province this year. Through the first five months of the year, we are tracking growth in the BC economy at 3.8 per cent.
Copyright British Columbia Real Estate Association. Reprinted with permission.
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