OTTAWA — Statistics Canada says manufacturing sales rose 1.1 per cent to $70.8 billion in April, helped by gains in sales of transportation equipment...
OTTAWA — Statistics Canada says manufacturing sales rose 1.1 per cent to $70.8 billion in April, helped by gains in sales of transportation equipment , primary metals and chemical products. Statistics Canada says sales of transportation equipment rose 4.1 per cent in April as sales of motor vehicles increased 5.6 per cent and motor vehicle parts gained 7.7 per cent.
In constant dollars, Statistics Canada says manufacturing sales rose 0.4 per cent in April, indicating a higher volume of goods was sold. -- The head of one of Canada’s biggest asset managers says “the conditions are right” for the Bank of Canada to cut its policy interest rate to around 3% by the end of next year. Most Read from BloombergWells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity’Tesla Investors Back Musk’s $56 Billion Pay Deal, Texas MoveApple to ‘Pay’ OpenAI for ChatGPT Through Distribution, Not CashHunter Biden Was Convicted. His Dad’s Reaction Was Remarkable.
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