Wed, 18 Dec 2013 17:09:31 GMT
Canadian wholesale trade surges in October
The Canadian wholesale trade data advanced 1.4% to $50.5 billion in October, thus exceeding the analysts expectations. The growth in wholesale trade was boosted by the surge in machinery and supplies sector which surged 5.6%, the largest monthly gain since September 2003. Significant gains in sales was also for computer and communication equipment which jumped 6.6%.