Highest Wholesale Trade Growth in Canada
Wholesale trade in April was up 14.7 per cent year-over-year in Saskatchewan (seasonally adjusted), the highest percentage increase among the provinces and well ahead of the 4.8 per cent recorded nationally.
“Saskatchewan has been facing significant economic headwinds but these positive wholesale trade statistics show that job creators remain confident in our economy,” Trade and Export Development Minister Jeremy Harrison said. “With wholesale trade being a leading indicator of other future economic indicators, it gives us optimism in our economy as we move forward.”
In April, wholesale trade was up to $2.4 billion.
Major gains were reported year-over-year in farm products, up 13.9 per cent and miscellaneous, up 47.8 per cent.