
Wholesale sales rose 0.1 per cent in January: Statistics Canada
BNN Bloomberg
Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.1 per cent to $82.4 billion in January.
The agency says the increase from December came as sales climbed in three of the seven subsectors it studies, including machinery, equipment and supplies, and personal and household goods.
Sales in the machinery subsector alone grew by 1.4 per cent to $17.4 billion in January, its first increase in five months.
For a fourth consecutive month, the personal and household goods subsector also rose, jumping 1.8 per cent to $12 billion in January.

When U.S. President Donald Trump returned to office last year, he launched a crusade to shift the country away from renewable energy, drastically undoing the climate-friendly policies of his Democratic predecessor to focus instead on oil and other fossil fuels as the answer to his goal of American energy dominance.












