Feedback

Subscriber Login

MDM Premium Content  What's this?
Close
Subscribe today to access MDM's premium content with two issues a month of timely and to-the-point content for the busy wholesale distribution executive. Here's what you get:
  • Analysis of distribution trends
  • Interviews with industry leaders
  • Quarterly Public Distributor Report
  • Quarterly Inflation by Commodity Group Report
  • Market and economic data analysis
  • Access to the best online research tool in distribution

And much more! Learn more

login close
Forgot Your Password?
For more precise results try using quotation marks ("") around your search terms. See more search tips.
subscribe_yellow Lock in savings now before June 1 rate increase!
renew_blue


 

Home » Canadian Wholesale Sales Down Slightly In February

Canadian Wholesale Sales Down Slightly In February

By    MDM  Staff 
May 5, 2009
More about:  Canada,  Economy
Canadian wholesale sales fell 0.6% to $41 billion in February, the sixth decline in seven months, according to Statistics Canada. Declining sales in the machinery and equipment trade group and the "other products" sector were major factors contributing to this decrease. In terms of the volume of sales, wholesale sales were flat.

Canadian wholesalers sell to both the domestic and international markets, and are active importers and exporters. The decline in sales reflected both lower export demand for Canadian goods, a significant part of which flows through wholesale markets, and weaker sales in .

In February, four out of seven sectors, accounting for over two-thirds of total wholesale sales, posted declines. The machinery and electronic ...
Text Size
Email Print Reprints
Canadian wholesale sales fell 0.6% to $41 billion in February, the sixth decline in seven months, according to Statistics Canada. Declining sales in the machinery and equipment trade group and the "other products" sector were major factors contributing to this decrease. In terms of the volume of sales, wholesale sales were flat.

Canadian wholesalers sell to both the domestic and international markets, and are active importers and exporters. The decline in sales reflected both lower export demand for Canadian goods, a significant part of which flows through wholesale markets, and weaker sales in .

In February, four out of seven sectors, accounting for over two-thirds of total wholesale sales, posted declines. The machinery and electronic equipment sector declined 1.6%. Sales in the "other products" sector fell 4.0% to $5.3 billion, offsetting a 4.0% rise in January. Declines were also seen in the food and beverages sector (-1.0%) and the building materials sector (-0.9%).

The largest increase came in the automotive products sector, which rose 4.0% in February, following a 21.8% decline in January. Sales of motor vehicles increased 9.4%, offsetting some of the losses in January. Sales in motor vehicle parts and accessories fell 7.6% in February, its largest drop since April 2003.

By Province
Saskatchewan registered the largest decrease (-6.4%) in February, following a 10.7% increase in January. Lower sales in the "other products" and machinery and electronic equipment sectors were behind most of the decreases for the month.

Wholesale sales in

Alberta fell 3.2%, the fifth decline in six months. Weakness was seen in several sectors, including machinery and electronic equipment, and building supplies.

Wholesale sales in Quebec rose 1.4%, while they declined 0.7% in

Ontario .

Sales increased in three out of four Atlantic provinces, with Newfoundland and Labrador (+5.0%) and

Nova Scotia (+4.0%) leading the way.

Inventories
Inventories edged up 0.1% in February. Among the 15 wholesale trade groups, 7 reported higher inventory levels, including alcohol and tobacco (+2.2%), office and professional equipment (+1.5%) and building supplies (+1.3%).

These increases were partially offset by declines in inventories of the lumber and millwork (-2.5%), computer and electronic equipment (-1.5%), and farm products (-3.4%) trade groups.

The slowdown in sales and the slight gain in inventories led to an increase in the inventory-to-sales ratio from 1.43 in January to 1.44 in February. This was the highest level since October 1995. The average inventory-to-sales ratio for 2008 was 1.27. The inventory-to-sales ratio is a measure of the time in months required to exhaust inventories if sales were to remain at their current level.

Source: Statistics Canada










 

Print Email Reprints
Use the form below to leave a comment

MDM Digital

Executive Briefing: April 2012Social Media Marketing
for Distributors
Bob DeStefano, SVM E-Marketing Solutions, separates the "hype from the helpful" on social media marketing. Watch now.
iPad users: click here to view.		 Economic Update April 2012 Economic Update:
Behind the Moderation
MAPI Economist Cliff Waldman discusses some of the factors behind the slowing economic recovery. Watch now.
7 Minutes With7 Minutes With ...
Morrison Supply Company
CEO Chip Hornsby talks about his goals for the company & the outlook for 2012. Watch now.		 More Audio and Video Features from MDM:

  • MDM Podcast

Think About It:
Back to the Basics

We all forget the basics sometimes. Todd Youngblood shares his recent reminder of that fact.

Listen now.

Learn more or subscribe to the Think About It podcast.

  • Featured

USAbrasives-100-for-trifecta

U.S. Abrasives Market Demand Report

This report provides a three-dimensional view into estimated market size, customer segment potential and customer size demographics for the U.S. Abrasives Market.

These three data slices give you deep insight into total market potential and your market share by both customer type and size for the U.S. and all 50 states.

Learn more about the U.S. Abrasives Market Demand Report

Training Resources

Current Issue   Inventory Management   MDM_Special_Report_ecommerce   Benchmarks and Best Practices

Featured Article: What AmazonSupply.com Means for Independent Distributors

$34.95

Buy now >>

Inventory Management Best Practices with Jon Schreibfeder: DVD + Book

$119.00

Buy now >>

The State of E-Commerce and Catalogs in Distribution

$44.95

Buy now >>

Benchmarks & Best Practices: The Answer Book for Growth-Minded CFOs & Controllers

$249.00

Buy now >>
Job Board
Title Company Location
BUSINESS DEVELOPMENT MANAGER Graybar Electric Company Denver, CO
INDUSTRIAL OUTSIDE SALES REPRESENTATIVE Graybar Electric Company Phoenix, AZ
General Manager Applied Industrial Technologies Norfolk, VA
Rubber Specialist Applied Industrial Technologies Baltimore, MD
General Manager Applied Industrial Technologies Amarillo, TX
Account Manager Applied Industrial Technologies Middletown, OH
Outside Sales Engineer R.J. Vedovell Inc Holland, Michigan
View ALL Wholesale Distribution Job Listings

Industry Topics

Distribution Trends RSS

Economy RSS

Management/Strategy RSS

Interviews RSS

Operations RSS

Technology RSS

Mergers/Acquisitions RSS

Case Studies RSS

Sales & Marketing RSS

MDM Premium

May 10, 2012  

MDM May 10, 2012, Cover Image

Amazon Makes Its Move

Uncover Unexpected Cross-Selling Opportunities

10 Ways to Measure the Success of Channel Partnerships

subscribe now View Table of Contents >>
Subscribers: Log-in
View Previous Issues


MDM Calendar

Strategic Planning for Distributors

June 7, 2012 - June 7, 2012

Featured Products

answer book for CFOs and Controllers

Benchmarks & Best Practices: The Answer Book for Growth-Minded CFOs & Controllers

Reviews (0)
 
Price: $249.00
An ultra practical idea-guide that gives an inside look at how leading companies are dealing with some of today's toughest financial and business management challenges.
Distribution Landscape Report - 2011

2011 MDM Market Leaders and Distribution Landscape Report

Reviews (0)
 
Price: $295.00
The ideal resource for anyone that wants to get a quick overview of the distribution landscape and the top players in major sectors! Includes the 2011 Distribution M&A Special Report.
B-to-B Online Marketing Toolkit Cover

The B-to-B Online Marketing Toolkit:
A Step-by-Step Plan for Distributors and Manufacturers to Leverage Online Marketing for Bottom Line Results

Reviews (0)
 
Price: $249.00
The 2011 Edition of this valuable marketing tool provides a step-by-step plan for leveraging Online Marketing to produce Bottom-Line Results. Bulk pricing available.


tech directory: start your search here

 

Top10_MDMcallout
GetMyFreeReport


Sponsored Links