Steve Flynn  RE/MAX Crest Realty- Burnaby 

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Canadian Manufacturing Sales - November 16, 2017

Canadian manufacturing sales rose for a second consecutive month, increasing 0.5 per cent in September.  Sales were up in 7 of 21 manufacturing sub-sectors, with the majority of growth arising due to higher sales in the energy sector.
 
In BC, manufacturing sales increased 0.4 per cent on a monthly basis and were up 7.2 per cent year-over-year. Although the manufacturing and trade sector faced significant headwinds in recent months due to a stronger Canadian dollar and punitive tariffs on softwood lumber, the sector continues to be a substantial driver of BC's robust economic growth in 2017. 



 

Copyright British Columbia Real Estate Association. Reprinted with permission.

 


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