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Canadian Manufacturing Sales Decline in March, While Wholesale Activity Inches Up

According to new data from Statistics Canada, Canadian manufacturing sales experienced a decline in March, dropping 1.4% to a total of $71.9 billion. The decrease was primarily driven by weaker performance in the primary metals and petroleum and coal product industries.

Sales within the primary metal sector slid by 6.5% to $5.9 billion, while petroleum and coal product sales decreased 4.2%, totaling $7.8 billion.

Despite the overall downturn, there were bright spots in specific segments. Furniture and related product manufacturing saw a notable increase of 11.9%, reaching $1.4 billion. This growth was largely attributed to household and institutional furniture as well as kitchen cabinet production.

When adjusted for inflation, real (constant dollar) manufacturing sales declined 1.1%.

In parallel, Statistics Canada also reported modest growth in wholesale trade for the month. Excluding petroleum products and oilseeds and grains, wholesale sales edged up by 0.2%, reaching $86.5 billion. However, in volume terms, wholesale sales excluding those categories dipped slightly by 0.3%.

StatCan recently expanded its wholesale trade coverage to include petroleum products and agricultural commodities like oilseeds and grains, but these figures are currently excluded from the monthly analysis as the agency builds historical data for meaningful comparisons.

For Italian manufacturers and technology providers, particularly those in the metalworking, energy, and furniture machinery sectors, these trends provide valuable insight into evolving market demands in Canada. Machines Italia continues to support Italian companies in navigating these shifts and identifying strategic opportunities in the Canadian manufacturing and wholesale landscape.