FX.co ★ Canadian Wholesale Sales Decline Sharply in April, Marking Consecutive Drops

Canada's wholesale trading sector is experiencing significant challenges, as reflected in April's steep decline in wholesale sales. The latest data released on June 13, 2025, indicates a pronounced slump, with sales dropping to -2.3% in April. This follows a previous decrease of -0.9% in March.

This marks a concerning trend for the Canadian economy as it signifies two consecutive months of declining wholesale activity. The month-over-month comparison shows a worsening scenario, suggesting wholesalers may be facing persistent demand and supply chain issues. Several sectors, including machinery, equipment, and supplies, are reportedly affected, mirroring broader economic uncertainties.

Economists and stakeholders are closely monitoring these figures, as they suggest potential implications for related sectors and overall economic performance in the months ahead. Policymakers may need to address these contractions to prevent further negative impacts on Canada's broader economic landscape.