Saskatchewan Wholesale Trade Growth Leads Nation

Jan 20, 2021 - 14:02
Jan 21, 2021 - 10:19
 0
Saskatchewan Wholesale Trade Growth Leads Nation

Saskatchewan’s wholesale trade was up 21.5 per cent (seasonally adjusted) in November 2020 when compared to November 2019, the highest percentage increase among the provinces.  The value of Saskatchewan’s wholesale trade in November 2020 was $2.46 billion.

“A 21.5 per cent increase over the past year in wholesale trade is a remarkable statistic given the global Covid-19 pandemic,” Trade and Export Development Minister Jeremy Harrison said.  “Wholesale trade is an important leading indicator and shows that our province is very well positioned for a strong economic recovery.”

In today’s Statistics Canada report, wholesale trade in Saskatchewan was up 2.6 per cent on a month-over-month basis, the second highest percentage change among provinces.  Nationally, trade was up 0.7 per cent month-over-month and 7.7 per cent year-over-year.

Growth in wholesale trade was reported in several sectors, including food and beverage merchant wholesalers; machinery, equipment and supplies merchant wholesalers; and, motor vehicle and motor vehicle parts and accessories merchant wholesalers.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow

Chidi Igwe I was born in Nigeria and trained in Canada. With a Master of Arts in linguistics from the University of Regina, and PhD from Dalhousie University, I am currently an Assistant Professor at the University of Regina. I have taught French language and linguistics in various institutions, including the French Language Centre, Awka and Dalhousie University, Halifax. I am the author of Taking Back Nigeria from 419, published in 2007, and many scholarly articles in reputable academic journals. I am a passionate servant of the people.