Canada Wholesale Sales Growth Hits Six-Month High

Canada’s wholesale sales climbed 1.2% month-on-month to C$86.0 billion in July 2025, the fastest gain since January, accelerating from an upwardly revised 1.0% increase in June but slightly below market expectations of 1.3%. Four of the seven subsectors posted gains, accounting for roughly three-quarters of total wholesale trade. The largest increases came from the motor vehicle and motor vehicle parts and accessories subsector (+5.1% to C$15.4 billion), driven by a 5.9% increase in motor vehicle sales, and the building materials and supplies subsector (+2.7% to C$12.1 billion), with all industry groups in the sector contributing, led by a 2.7% increase in lumber, millwork, hardware and other building supplies. These gains were partially offset by a decline in the miscellaneous subsector (-1.5% to C$10.7 billion). Regionally, wholesale sales rose in seven provinces, led by Ontario (+1.5% to C$44.7 billion) and Alberta (+2.6% to C$9.5 billion).