Manufacturing sales in Canada rose 1.4 percent over month earlier to CAD 53.8 billion in September of 2020, rebounding from a downwardly revised 1.4 percent drop in the previous month and matching market expectations. Still, sales were 3.6 percent below their pre-pandemic levels in February. Sales increased in 13 of 21 manufacturing industries led by wood (9.6 percent to a record high of CAD 3.3 billion) in particular sawmills and wood preservation; chemicals (6.7 percent to CAD 4.5 billion) driven by pharmaceutical and medicine; and food (1.3 percent to CAD 9.2 billion) namely fruit & vegetables and seafood. Manufacturing sales increased in nine provinces, with Alberta posting the largest gain, followed by Ontario and New Brunswick. Considering the third quarter as a whole, sales jumped 26.6 percent, following four consecutive quarterly declines. source: Statistics Canada

Manufacturing Sales in Canada averaged 0.30 percent from 1981 until 2020, reaching an all time high of 23.10 percent in June of 2020 and a record low of -27.90 percent in April of 2020. This page provides - Canada Manufacturing Sales MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Manufacturing Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.

Manufacturing Sales in Canada is expected to be 0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing Sales in Canada to stand at 2.50 in 12 months time. In the long-term, the Canada Manufacturing Sales MoM is projected to trend around 1.50 percent in 2021 and 2.00 percent in 2022, according to our econometric models.

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Canada Manufacturing Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
1.50 -1.40 23.10 -27.90 1981 - 2020 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2020-08-14 12:30 PM Manufacturing Sales MoM Jun 20.7% 11.6% 16.4% 14.5%
2020-09-15 12:30 PM Manufacturing Sales MoM Jul 7% 23% 8.7% 9%
2020-10-16 12:30 PM Manufacturing Sales MoM Aug -2% 7.2% -1.4% -2%
2020-11-16 01:30 PM Manufacturing Sales MoM Sep 1.5% -1.4% 1.5% 1.5%
2020-12-15 01:30 PM Manufacturing Sales MoM Oct 1.5% 0.6%
2021-01-21 01:30 PM Manufacturing Sales MoM Nov
2021-02-18 01:30 PM Manufacturing Sales MoM Dec
2021-03-17 12:30 PM Manufacturing Sales MoM Jan


News Stream
Canada Manufacturing Sales Rebound in September
Manufacturing sales in Canada rose 1.4 percent over month earlier to CAD 53.8 billion in September of 2020, rebounding from a downwardly revised 1.4 percent drop in the previous month and matching market expectations. Still, sales were 3.6 percent below their pre-pandemic levels in February. Sales increased in 13 of 21 manufacturing industries led by wood (9.6 percent to a record high of CAD 3.3 billion) in particular sawmills and wood preservation; chemicals (6.7 percent to CAD 4.5 billion) driven by pharmaceutical and medicine; and food (1.3 percent to CAD 9.2 billion) namely fruit & vegetables and seafood. Manufacturing sales increased in nine provinces, with Alberta posting the largest gain, followed by Ontario and New Brunswick. Considering the third quarter as a whole, sales jumped 26.6 percent, following four consecutive quarterly declines.
2020-11-16
Canada Manufacturing Sales Fall More than Forecast
Manufacturing sales in Canada slumped 2 percent over a month earlier to CAD 52.4 billion in August of 2020, following an upwardly revised 7.2 percent rise in July and compared with market expectations of a 1.4 percent fall. It was the first decline in manufacturing sales after three consecutive months of strong increases, led by the transportation equipment industry, on lower sales of motor vehicle parts (-16.8 percent). Although several car assembly plants shortened or skipped their annual maintenance shutdowns to build up inventories in July, sales in August were weaker coming off a stronger than usual July. Also, sales fell sharply for plastics and rubber industries (-9.6 percent). In contrast, sales surged for wood products (12.3 percent), mainly due to higher exports of lumber (16.5 percent), particularly to the US; and miscellaneous products (12 percent) on higher sales of silver and gold. Manufacturing sales were 6.6 percent below February's pre-pandemic levels.
2020-10-16
Canada Manufacturing Sales Rise for 3rd Month
Manufacturing sales in Canada rose 7 percent over a month earlier to CAD 53.1 billion in July 2020, after rising an upwardly revised record 23 percent and below market expectations of an 8.7 percent gain. It was the third consecutive increase in manufacturing sales, as manufacturers resumed operations following full or partial shutdowns related to the pandemic. Sales were up in 13 of 21 industries, in particular in the transportation equipment industry (24.1 percent) as many auto manufacturers shortened or skipped their summer shutdowns this year. Also, sales increased for petroleum & coal products (13 percent); and plastic & rubber (15.1 percent). Meanwhile, food sales dropped 1.7 percent mainly due to sea food (-39.3 percent) amid a disruption in lobster sales as in June the Chinese government enacted new testing measures for live and processed lobster imports before they can enter the country. Still, manufacturing sales remained 5.4 percent below February's pre-pandemic levels.
2020-09-15
Canada Manufacturing Sales Rises Most on Record
Manufacturing sales in Canada jumped 20.7 percent over a month earlier to CAD 48.7 billion in June 2020, recovering further from a record 27.9 percent slump in April and 10.3 percent decline in March and beating market expectations of a 16.4 percent rise. It was the largest increase in manufacturing sales on record, as many manufacturers resumed operations following full or partial shutdowns related to COVID-19 in April. Sales were up in all 21 industries, led by the motor vehicle and motor vehicle parts industries. Excluding these two industries, manufacturing sales increased 10.3%. Still, total manufacturing sales in June were 13.2% below their pre-pandemic level in February.
2020-08-14

Canada Manufacturing Sales MoM
In Canada, Manufacturing Sales provides a current 'snapshot' of sales of goods manufactured values by the Canadian manufacturing sector, enabling analysis of the state of the Canadian economy, as well as the health of specific industries in the short- to medium-term.