Report provides overview of trends driving Canadian wholesale sector
May 25, 2006
Canadian wholesaler-distributors reported $470 billion (US$423 billion) in sales last year, up 5.4 percent from 2004, according to a report released earlier this month by Statistics Canada. When adjusted for inflation, the gain was 7.8 percent, the largest jump in the past six years.
Sales were bolstered by gains in the four westernmost provinces. Sales among wholesalers in Manitoba, Saskatchewan, Alberta and British Columbia have risen at an average annual rate of 9.1 percent. This is nearly double the rate of average growth for Canada as a whole, and three times the gain in the other regions of Canada combined. In 2005, these four provinces accounted for 60 percent of the total increase in wholesale sales nationwide.