#Statistics Canada, #Jeremy Harrison, #WholesaleTrade
Toronto, May 26 (Canadian-Media): According to the Statistics Canada’s report this week, wholesale sales in Saskatchewan jumped 1.4 percent during March when compared to the previous month.
Sales, in Saskatchewan, one of the provinces of Canada, had shown a steady upsurge 13.8 percent – a $261-million increase from March of 2015-March of 2016 in the sales this year -- the third-highest percentage growth among the provinces. -- was due to growth of motor vehicle sales and parts, and machinery, equipment and supplies, Global News reports said.
The total value of wholesale trade in March was $2.2 billion.
Saskatchewan’s Economy Minister Jeremy Harrison said the numbers reflect a growing optimism in the province’s economy.
“Wholesale trade continued to grow in March, and that shows that our provincial economy remains strong and resilient,” Harrison said in a statement.
“Growth in wholesale trade points to optimism as wholesale trade statistics are known as a leading indicator of future economic growth.”
(Reporting by Asha Bajaj)
Image of Jeremy Harrison: twitter