The value of wholesale trade in Saskatchewan continues to grow and set new records, reaching $2.3 billion in November 2014 – the highest number ever recorded (seasonally adjusted) since Statistics Canada began collecting wholesale trade data in 1993.
According to the report released today, wholesale trade in November increased by 14.4 per cent compared to November 2013 (seasonally adjusted) – earning Saskatchewan second spot in percentage growth among provinces.
“The value of wholesale trade in our province has increased for the fourth consecutive month, reaching a number that has never before been seen in Saskatchewan,” Economy Minister Bill Boyd said. “This is proof that Saskatchewan’s diverse economy remains strong and will continue to see growth in many sectors.”
According to the report, farm product wholesale saw the highest year-over-year growth on a seasonally unadjusted basis, increasing 49.6 per cent compared to November 2013.
