Canada's wholesale trade rose by 1.9% month-over-month, mainly driven by sectors such as machinery and equipment.
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Golden Ten Data, May 14 — According to Statistics Canada on Thursday, wholesale trade in Canada grew by 1.9% in March compared to February, mainly driven by sales growth in the machinery, equipment, and supplies subsector. Among the seven subsectors, five achieved growth, accounting for 79.6% of total wholesale trade; meanwhile, six out of Canada's ten provinces recorded sales increases. In terms of actual volume, wholesale trade rose by 1.7%.
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