Statistics Canada says manufacturing sales rose 0.6 per cent to $64.8 billion in January, as higher prices helped boost sales in the petroleum and coal sector to a record high and lift wood product sales higher.
The agency petroleum and coal product sales rose 6.8 per cent to a record $7.9 billion in January as higher prices for refined petroleum products helped drive the growth. Sales of petroleum and coal product in constant dollars fell 1.3 per cent.
Meanwhile, sales of wood products rose 6.5 per cent to $4.1 billion in January, helped by higher prices. Sales in constant dollars were unchanged.
OBJ360 (Sponsored)
Lanark County: One county, nine districts, limitless adventures
Enjoy unique outdoors experiences you can’t find anywhere else
Non-profit innovation: Taking risks and embracing failure
In the corporate world, failure, risk-taking and continuous improvement are often baked in the organizational culture. Importantly, non-profit organizations are not commercial businesses – nor should they be. The sector
Sales of motor vehicles dropped 17.5 per cent to $3.0 billion in January as several auto assembly plants saw production shutdowns in January due to supply chain disruptions and semiconductor shortages.
Motor vehicle parts sales fell 7.1 per cent to $2.3 billion.
The agency says overall sales in constant dollars fell 1.8 per cent in January, indicating the growth was a result of rising prices.