FX.co ★ Canada Factory Sales Growth Revised Slightly Down

Canada’s manufacturing sales climbed 3% to C$73.6 billion in March 2026—the highest level since January 2025—following a downwardly revised 3.4% increase in February and coming in just below the preliminary estimate of 3.5%. Sales rose in 9 of 21 subsectors, led by petroleum and coal products (+22.7%) and transportation equipment (+6.0%). Excluding petroleum and coal products, manufacturing sales were up 0.7%.

Manufacturing sales increased in eight provinces in March, with Ontario (+2.2%) and Alberta (+4.4%) recording the largest gains. On a quarterly basis, sales edged up 0.1% to C$214.1 billion in the first quarter of 2026, marking a third consecutive quarterly advance. The petroleum and coal products (+4.9%) and primary metals (+4.3%) industries were the main contributors to the quarterly growth.