Canada Manufacturing Sales

Last Release

Feb 29, 2024

Actual

0.7

Units In

0.2

Frequency

Monthly

Next Release

Apr 26, 2024

Time to Release

10 Days 4 Hours

Highest	Lowest	Average	Date Range	Source
21.7 Jun 2020	-27.5 Apr 2020	0.33 %	1981-2024	Statistics Canada

In Canada, Manufacturing Sales provides a current 'snapshot' of sales of goods manufactured values by the Canadian manufacturing sector, enabling analysis of the state of the Canadian economy, as well as the health of specific industries in the short- to medium-term.

Latest Updates

Canada's manufacturing sales rose by 0.7% from a month earlier to CAD 71.6 billion in February of 2024, matching the preliminary estimate and accelerating from a 0.2% increase in the prior month. Higher sales were seen in 13 of the 21 subsectors, led by petroleum and coal (+4.3%) and electrical equipment, appliance and component (+12.6%) products. Conversely, the chemical subsector (-5.5%) fell the most. Manufacturing sales increased in five provinces, led by Quebec and Alberta, while Saskatchewan posted the largest decline. On a year-over-year basis, total sales were up 0.1% in February.