August 21, 2018

Saskatchewan Leads Canada in Wholesale Trade Growth

Saskatchewan’s June 2018 wholesale trade numbers increased by 7.7 per cent, compared to June 2017 (seasonally adjusted)—the highest percentage increase among Canada’s provinces and higher than the national average of 3.9 per cent.

“Saskatchewan’s wholesale trade numbers are showing strong year-over-year growth,” Trade and Export Development Minister Jeremy Harrison said.  “These numbers indicate the strength and resilience of our province’s economy, which is sustained by diverse sectors that continue to attract investment and other opportunities.”

Industries which saw the highest increases on a year-over-year basis include food, beverage and tobacco (19.7 per cent), motor vehicle and parts (11.2 per cent) and machinery, equipment and supplies (8.5 per cent) all seasonally unadjusted.

On a monthly basis, wholesale trade decreased by 1.4 per cent in June 2018, compared to May 2018, the fourth in percentage change among the provinces.

Wholesale trade totaled nearly $2.3 billion in June 2018, seasonally adjusted.