Canada's wholesale trade rises 0.1% on food, machinery in January

Canadian wholesale trade increased by 0.1 per cent in January from December, thanks to higher sales in the food, beverage and tobacco sector, as well as machinery and equipment, Statistics Canada said on Tuesday.

Four out of seven subsectors, representing 66 per cent of wholesale trade, posted gains as sales were up in five of the 10 provinces. Sales also increased by 0.5 per cent in volume terms.