FX.co ★ Canada Wholesale Sales Stall in May, Halting Previous Month’s Decline

Canada’s wholesale sector showed signs of stabilization in May 2026, as wholesale sales recorded 0.0% month-over-month growth, according to data updated on 15 July 2026. This flat reading follows a 0.7% month-over-month decline previously registered in May 2026, indicating that the pace of contraction in the sector has come to a halt.

On a month-over-month comparison basis, the latest “actual” figure reflects no further deterioration compared with the prior period’s “previous” reading, which showed sales falling by 0.7% versus the month before. While May’s result does not yet signal a rebound, it breaks the recent downward trend and may suggest that wholesale activity is finding a near-term floor after earlier weakness.