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Macro EconomyMedium•13 April 2026•

1 min read

Canadian Manufacturing and Wholesale Sales Rebound Sharply in February

An industrial factory with smokestacks, showing a financial downturn chart on the left and an upturn chart on the right, with 'INDUSTRIAL RECOVERY' text.

Key Facts

1Canadian manufacturing sales jumped 3.8% in February according to advance estimates.

2Wholesale sales (excluding petroleum and agricultural products) rose 2.3% in February.

Version History

2 additional sources confirmed this story

Advance estimates from Statistics Canada reveal a significant rebound in both the manufacturing and wholesale trade sectors for February. Manufacturing sales jumped by 3.8%, with the transportation subsector acting as the primary driver of this growth. Simultaneously, wholesale sales—excluding petroleum and agricultural products—rose by 2.3% during the same period. The recovery is largely attributed to improved supply chains within the automotive industry and increased production levels. These stronger-than-expected figures highlight the underlying resilience of the Canadian economy despite global headwinds. Consequently, the data provides fundamental support for the Canadian Dollar (CAD) against its major currency peers. Market participants view this performance as a positive signal for Canada's economic stability in the first quarter.