August wholesale trade numbers took a jump, up 10.8 per cent on a year-over-year basis, the second highest percentage increase among the provinces on a seasonally adjusted basis according to Statistics Canada. Nationally, wholesale trade was up 6.0 per cent.
"Wholesale trade has a big impact in Saskatchewan," Economy Minister Bill Boyd said. "The increase in today's figures was mainly due to an increase in the machine, equipment and supply area, which services major sectors like mining, manufacturing and agriculture."
On a monthly basis, wholesale trade was up 1.1 per cent July/August, ranking Saskatchewan second in terms of percentage increases among the provinces. Wholesale trade was up only 0.2 per cent on a national basis.
"The gains in wholesale trade for August is really good news," Boyd said. "Saskatchewan's economy continues to expand, which helps to create jobs and opportunities for our people and our businesses."
