Canadian Manufacturing

Manufacturing sales edged up in June, says Statistics Canada

The machinery industry gained 5.8 per cent at $2.7 billion, following five consecutive monthly declines


Print this page


The Ontario manufacturer uses several Italian-made tools, including a pair of I.M.S.A. gun drills. It's adding a new Millutensil spotting press as part of its expansion. PHOTO: Cavalier

The manufacturing sectors in Ontario and Alberta saw gains, while New Brunswick fell 4.1 per cent. PHOTO: Cavalier

OTTAWA—Statistics Canada says manufacturing sales gained 0.8 per cent to $50.2 billion in June after losing 1.0 per cent in May.

Economists had expected a gain of 0.7 per cent, according to Thomson Reuters.

Statistics Canada says the increase was due to higher sales of machinery and transportation equipment products. On a constant dollar basis, overall sales gained 0.5 per cent, indicating a higher volume of goods sold.

The machinery industry gained 5.8 per cent at $2.7 billion, following five consecutive monthly declines, while the transportation equipment industry added 1.4 per cent to total $10.7 billion in June.

Manufacturing sales in June were up in four provinces, led by Ontario.

Ontario rose 1.4 per cent to $24.7 billion in June, while Alberta gained 1.8 per cent to $5.2 billion. New Brunswick fell 4.1 per cent to $1.3 billion.


Print this page

Related Posts from the network