Wholesale sales off in September: StatsCan
Signage marks the Statistics Canada officies in Ottawa on Wednesday July 21, 2010. THE CANADIAN PRESS/Sean Kilpatrick
OTTAWA - Statistics Canada says wholesale sales fell 1.4 per cent to $48.8 billion in September, the third decline in four months amid lower sales in every subsector.
The agency says sales in the motor vehicle and parts subsector dropped four per cent in what was a third straight monthly decline.
The second largest decline came in personal and household goods, where sales fell two per cent.
Sales in the machinery, equipment and supplies subsector decreased one per cent, the second decline in three months.
Wholesale sales were off in nine provinces, with the decrease concentrated in Ontario and Quebec, which have been on a downward trend since mid-2012.
Sales in Ontario fell 1.6 per cent in September partly because of declines in the motor vehicle industry, while Quebec sales dropped 1.7 per cent after rising slightly in August.
A 1967 Shelby GT500 Super Snake sold for $1.3 million. Do you think classic cars were made better than modern rides?
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- Yes, the quality of cars from the 1960s and '70s is the best
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