Page 26 - NTDA Market Outlook Q1 2024

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26

Canada Economic Snapshot

CANADA WHOLESALE SALES
Canada Wholesale Sales
50.00% Canada Wholesale Sales MoM is at 0.53%,
compared to -4.63% last month and 5.95% last
year. This is lower than the long-term average of
40.00% 0.57%.

30.00% Canada Real GDP by Industry: Wholesale Trade
is at a current level of $120.56 billion, up from
$120.55 billion last month and up from $120.14
20.00% billion one year ago. This is a change of 0.01% from
last month and 0.35% from one year ago.
10.00%

0.00%
Jan Feb March April May June July Aug Sept Oct Nov Dec
-10.00%
2024 2023 2022
Source: The Monthly Wholesale Trade Survey presents estimates of monthly sales for wholesale merchants in Canada, providing information on the performance
of the wholesale trade sector as an important indicator of the health of the Canadian economy. In addition, the business community uses the data to analyze
market performance.

CANADA MANUFACTURING
Canada Manufacturing Shipments SHIPMENTS
[Billions of CAD]
Canada Manufacturing Shipments is at a current
76 level of $71.13 billion, up from $70.97 billion last
month and down from $74.33 billion one year
74
ago. This is a change of 0.22% from last month and
72 -4.31% from one year ago.
70
68
66
64

62
60
Jan Feb March April May June July Aug Sept Oct Nov Dec
2024 2023 2022

Source: Statistics Canada