Wholesale sales in Canada inched up 0.5 percent over a month to CAD 72.2 billion in May of 2021, the third straight monthly gain but missed market expectations of a 1.1 percent rise. Sales were higher in four out of seven subsectors, with the most significant contribution stemming from the food, beverage & tobacco subsector (+2.7%), reflecting the lifting of COVID-19 restrictions. To a lesser extent, sales also increased for the machinery, equipment & supplies (+0.5%) and the building material & supplies (+0.5%) subsectors. Across Canadian provinces, Ontario provided the most support (+1.3% to CAD 35.6 billion), followed by British Columbia (+5.3% to CAD 8.2 billion), while Quebec contributed with a significant decrease (-1.2% to CAD 14.4 billion), partly due to strikes at the Montreal port in April and May, which caused an estimated loss of around CAD 230 million in wholesale sales. source: Statistics Canada

Wholesale Sales in Canada averaged 0.45 percent from 1993 until 2021, reaching an all time high of 19.30 percent in June of 2020 and a record low of -22 percent in April of 2020. This page provides - Canada Wholesale Sales MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Wholesale Sales MoM - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Wholesale Sales in Canada is expected to be 1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wholesale Sales in Canada to stand at 1.80 in 12 months time. In the long-term, the Canada Wholesale Sales MoM is projected to trend around 1.50 percent in 2022, according to our econometric models.

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Canada Wholesale Sales MoM

Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.40 19.30 -22.00 1993 - 2021 percent Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-05-21 12:30 PM Wholesale Sales MoM Prel Apr -0.8% 2.8% 2.1%
2021-06-16 12:30 PM Wholesale Sales MoM Final Apr 0.4% 3.2% -0.9% -0.8%
2021-06-24 12:30 PM Wholesale Sales MoM Prel May 1.1% 0.4% -1.1%
2021-07-16 12:30 PM Wholesale Sales MoM Final May 0.5% 0.4% 1.1% 1.1%
2021-08-16 12:30 PM Wholesale Sales MoM Final Jun
2021-09-16 12:30 PM Wholesale Sales MoM Final Jul
2021-10-15 12:30 PM Wholesale Sales MoM Final Aug
2021-11-15 01:30 PM Wholesale Sales MoM Final Sep


News Stream
Canada Wholesale Sales Miss Expectations
Wholesale sales in Canada inched up 0.5 percent over a month to CAD 72.2 billion in May of 2021, the third straight monthly gain but missed market expectations of a 1.1 percent rise. Sales were higher in four out of seven subsectors, with the most significant contribution stemming from the food, beverage & tobacco subsector (+2.7%), reflecting the lifting of COVID-19 restrictions. To a lesser extent, sales also increased for the machinery, equipment & supplies (+0.5%) and the building material & supplies (+0.5%) subsectors. Across Canadian provinces, Ontario provided the most support (+1.3% to CAD 35.6 billion), followed by British Columbia (+5.3% to CAD 8.2 billion), while Quebec contributed with a significant decrease (-1.2% to CAD 14.4 billion), partly due to strikes at the Montreal port in April and May, which caused an estimated loss of around CAD 230 million in wholesale sales.
2021-07-16
Canada Wholesale Sales Rise in May
Wholesale sales in Canada likely advanced by 1.1 percent month-over-month in May of 2021, following a 0.4 percent rise in the previous month, preliminary estimates showed. The increase reflects higher sales in the machinery, equipment and supplies subsector.
2021-06-24
Canada Wholesale Sales Rise 0.4% MoM in April
Wholesale sales in Canada rose 0.4 percent month-over-month to CAD 71.5 billion in April of 2021, the third increase in three months and compared with initial estimates of a 0.8 percent fall. The increase in April was mainly driven by sustained strong growth in the sale of building materials and supplies (8.7 percent), as demand for housing and home renovations has generated both an increase in the volume of building materials and supplies sold, and in their prices. This was partly offset by lower sales in the motor vehicle and motor vehicle parts and accessories subsector (-4.4 percent) and the miscellaneous subsector (-3.4 percent). Wholesale sales rose in seven provinces and one territory in April, representing 45 percent of national wholesale sales.
2021-06-16
Canada Wholesale Sales Fall in April
Wholesale sales in Canada likely decreased by 0.8 percent month-over-month in April of 2021, following a 2.8 percent rise in the previous month, preliminary estimates showed. The decrease reflects lower sales in the motor vehicle and motor vehicle parts and accessories subsector.
2021-05-21

Canada Wholesale Sales MoM
The Monthly Wholesale Trade Survey presents estimates of monthly sales for wholesale merchants in Canada, providing information on the performance of the wholesale trade sector as an important indicator of the health of the Canadian economy. In addition, the business community uses the data to analyse market performance.