Stock Groups

Canada wholesale trade likely up 3.9% in January

by Mike Robinson

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© Reuters. FILEPHOTO – A tour takes place at Canopy Growth’s Smiths Falls facility, which produces cannabis derivatives. The visit took place on October 29, 2019, in Ontario. REUTERS/Blair Gable

OTTAWA (Reuters), – The January increase in Canadian wholesale trade from December was 3.9%, Statistics Canada announced on Friday. This is due to higher building material and supply sales, as well as machinery equipment supplies.

The flash estimate was calculated based on a weighted response rate of 68.6%. The average final response rate for the survey over the past 12 months has been 84.6%

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