Canada manufacturing sales -2.1% versus -1.1% estimate

Canada manufacturing sales -2.1% versus -1.1% estimate

Canada manufacturing sales for April

  • manufacturing sales -2.1 versus -1.1% estimate
  • prior month -3.5%
  • Sales fell in 11 of 21 industries.
  • Much of the decline was attributable to lower sales of transportation equipment and petroleum and coal products
  • machinery industry posted the largest sales gain followed by wood product and chemical industries.
  • Manufacturing sales declined in five provinces led by Ontario. Alberta posted the largest increase
  • Ontario sales fell -5.5% was the lowest since June 2020
  • Nova Scotia sales felt -14.8%
  • Alberta sales rose 6.5%, the eighth consecutive increase in the highest level since May 2019

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