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 Up for Second Straight Month

Canadian Wholesale Sales Up for Second Straight Month

By    MDM  Staff 
September 22, 2009
More about:  Canada,  Economic Trends
Automotive products sales drive the increase for Canadian wholesalers.
Text Size
Email Print Reprints

Canadian wholesale sales increased for the second consecutive month in July, mainly as a result of higher sales in the automotive products sector. Sales in current dollars rose 2.8% to $41.7 billion, according to the latest report from Statistics Canada.

In volume terms, wholesale sales were up 2.6% in July, their fourth consecutive monthly increase. In July, five of the seven wholesale trade sectors had stronger sales, while the food, beverage and tobacco products and farm products sectors posted the only declines.
 
The largest increase was in the automotive products sector, which benefited from higher Canadian exports and imports of automotive products. Sales in the automotive products sector were up 14.2% to $6.8 billion in July, a sixth straight monthly advance. Despite this gain, sales in the automotive products sector remained 13.5% below their July 2008 level.
 
The building materials sector (+3.4%) also contributed to July's growth, as sales improved in all three of its components.
 
The other substantial increase was in the "other products" sector (+3.1%), which posted its first gain in six months. The sector consists primarily of agricultural fertilizers and supplies, chemicals, recycled materials and paper products.
 
By Province
Wholesale sales were up in eight provinces in July. Fuelled by higher sales in the automotive products sector, sales in Ontario increased 4.3% to $20.9 billion in July. In Quebec (+2.9%), sales improved for the second time in three months, largely as a result of stronger sales in the building materials and machinery and electronic equipment sectors.
 
All of the Atlantic provinces except New Brunswick saw sales growth in July. Newfoundland and Labrador (+4.3%) benefited from increased sales in the machinery and electronic equipment sector to post its fifth gain since the beginning of the year.
 
In Western Canada, Saskatchewan (-4.6%) was the only province with lower wholesale sales in July. Sales in the province have fallen for six consecutive months.
 
Inventories
Wholesale inventories fell 0.5% to $56.3 billion in July, a fifth consecutive monthly decline.
Overall, 11 of the 15 wholesale trade groups reported lower inventory levels. The largest declines in dollar terms were in inventories of building supplies (-2.3%), metal products (-4.0%), office and professional equipment (-3.2%) and "other products" (-1.0%). These declines were partly offset by higher inventories in the pharmaceutical products (+3.2%) and the household and personal products (+1.6%) trade groups.
 
The decline in inventories, combined with the increase in sales, translated into a drop in the inventory-to-sales ratio from 1.40 in June to 1.35 in July. 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.
Print Email Reprints
Use the form below to leave a comment

MDM Digital

Executive Briefing: May 2012Critical Profit Drivers
in Distribution
Al Bates, Profit Planning Group, speaks frankly about the most important factors to driving profit. 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 ...
Bell Electrical Supply
CEO Burt Schraga discusses the importance of building a strong culture in his organization. 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
Digital Strategy Manager Border States Electric Fargo North Dakota
Risk Manager Border States Electric Fargo ND
Purchasing Manager PCA SKIN Scottsdale, AZ
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
View ALL Wholesale Distribution Job Listings

Industry Topics

Distribution Trends RSS

Economic Trends RSS

Distribution Management & Strategy RSS

Distribution Interviews RSS

Distribution Operations Strategy RSS

Distribution Technology RSS

Distribution & Manufacturing Acquisitions RSS

Distribution Case Studies RSS

Distribution 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