ECONOMIC DECLINE: Wholesale Sales Fell 1.1% In March

There was a big drop in vehicle sales.

The evidence keeps piling up showing Canada is in the midst of a rapid economic decline.

According to Statistics Canada, wholesale sales fell 1.1% in March.

There was also a big decline in vehicle sales:

“The motor vehicle and motor vehicle parts and accessories subsector posted the largest drop as sales fell 5.8 per cent to $13.4 billion in March. The motor vehicle industry group dropped 7.0 per cent to $10.6 billion as several auto plants undertook retooling work, while the new and used motor vehicle parts industry group fell 1.2 per cent to $2.7 billion.

The miscellaneous subsector fell 5.0 per cent to $10.2 billion in March, while the machinery, equipment and supplies subsector rose 1.6 per cent to $17.9 billion.

In volume terms, wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and oilseed and grain, fell 1.2 per cent in March.”

The Liberals keep spending and keep ramping up immigration, and the economy keeps getting worse.

Spencer Fernando


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