The Canadian economy showed signs of weakness in November as both wholesale and manufacturing sales fell. Meanwhile, manufacturing sales fell 1.4 per cent to $57.3 billion in November, the second consecutive monthly decrease. Economists had expected no change in wholesale sales and a drop of 0.9 per cent in manufacturing sales, according to Thomson Reuters Eikon. Partially offsetting the decline was a 1.3 per cent increase in the transportation equipment industry and a 1.5 per cent increase in the food industry. In volume terms, wholesale sales fell 1.2 per cent.
Source: CBC News January 22, 2019 15:45 UTC