Source: Statistics Canada
Following a weak second quarter, wholesale sales rebounded in July, spurred on by a turnaround in automotive sales, as well as healthy demand for machinery, and personal and household goods.
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Wholesalers sold an estimated  ; $44.1  ; billion worth of goods in July, a  ; 2.0% gain over June, surpassing the previous record high reached in March.
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The key automotive products sector led the way with a  ; 4.9% gain on the back of strong demand for motor vehicles. July also proved to be a good month for wholesalers of personal and household goods (+4.0%), machinery and electronic equipment (+2.8%), and building materials (+1.3%). Sales excluding the automotive sector rose  ; 1.3% in July.
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