Canada’s manufacturing sales fell by 0.8pc in February this year to C$55.3bn ($44.1bn) compared to the same month in 2020 and declined by 1.6pc from the previous month, due to subdued transportation sales according to Statistics Canada (StatCan).
The country’s non-metallic mineral products’ sales increased by 1.1pc to C$1.3bn in February annually while it fell by 15.8pc from January this year. Sales of primary metals increased 13.5pc to C$4.4bn in February from the same period in 2020 while it rose by 2.5pc from the previous month.
Sales of fabricated metals products dropped 4.9pc C$3.4bn in February annually and grew by 1.2pc from January this year. Machinery sales also saw a 0.4pc decline in February to C$3.2bn from February last year while the numbers dropped 3.4pc from January this year.
Canada’s transportation equipment sales saw a 28.2pc drop to C$7.6bn in February from the same month in 2020 while it declined by 11.4pc on a monthly basis. StatCan reported that motor vehicles sales in February decreased by 31.2pc to C$3.2bn from the same month last year while it fell by 14.5pc from last month. Sales of motor vehicle parts saw a 19pc drop to C$2.1bn in February this year from February 2020 and witnessed a 10.9pc decline from the previous month.
Aerospace products and parts saw a 48.8pc drop in sales in February to C$1.1bn from the same month in 2020 and a 15.8pc decline from January this year. Sales of railroad rolling stock also fell by 29.4pc to C$180mn in February annually and declined by 5.3pc from January this year. Ship and boat building saw a 10.2pc hike in sales in February this year to C$262mn from the same month in 2020, while it saw a 4.5pc decline from the previous month.
$1 = C$1.25