Statistics Canada says wholesale sales rose 0.5 per cent month over month in November to $83.8 billion.
The agency says the sales were boosted by the motor vehicle and motor vehicle parts and accessories subsector and the machinery, equipment and supplies group.
Read more:
Used vehicle prices are dropping. Why you might want to hold off on your purchase
Read next:
New Zealand PM Jacinda Ardern to step down in February, won’t run in October election
Sales of motor vehicle and motor vehicle parts and accessories gained 10.1 per cent at $13.8 billion in November, a record high for the subsector.
The machinery, equipment and supplies subsector rose 2.0 per cent to $17.9 billion in November, lifted higher by the construction, forestry, mining, and industrial machinery, equipment and supplies industry.
Meanwhile, sales in the miscellaneous subsector fell 5.1 per cent to $12.2 billion.
Statistics Canada says overall sales in constant dollars rose 0.1 per cent in November.
© 2023 The Canadian Press