Farms.com Home   News

Highest Wholesale Trade Increase In Canada

The value of wholesale trade in Saskatchewan increased 3.8 per cent in June 2020 (compared to June 2019), which was the highest percentage increase compared to the other provinces, and well above the 2.4 per cent decline posted for Canada (seasonally adjusted).
 
“Saskatchewan’s wholesale trade figures have shown resiliency through the global COVID-19 pandemic,” Trade and Export Development Minister Jeremy Harrison said.  “As a leading economic indicator, growth in this area at a time when most provinces are seeing a decrease on an annual basis shows that Saskatchewan is in a strong position for economic recovery.”
 
The largest year-over-year increase was in machinery, equipment and supplies.
 
In June 2020, the value of wholesale trade in Saskatchewan increased by 7.9 per cent from May 2020 (seasonally-adjusted).
 
Total wholesale trade in June was approximately $2.3 billion.
Source : saskatchewan.ca

Trending Video

Sustainable Agriculture Thrives When Producers Drive Innovation Worldwide

Video: Sustainable Agriculture Thrives When Producers Drive Innovation Worldwide

Dedicated to improving sustainability in animal agriculture, the UC Davis CLEAR Center is focused on reducing greenhouse gas emissions from livestock production to lower climate impact. By collaborating with animal scientists, researchers, ranchers, farmers, and agricultural organizations across the globe, we are paving the way for more sustainable agricultural practices worldwide. Sustainable livestock, sustainable future.