3. Paul Young - Presenter
Bio
• CPA/CGA
• 25 years of experience in Academia, Industry and Financial solutions
• Youtube Channel -
https://www.youtube.com/channel/UCAArky1bAXPSuV2NLtUnyLg
4. Agenda
• Summary
• Key Sectors
• Analysis by major Groups
• By Province / Territory
• PMI Index
5. Summary
• Statistics Canada says manufacturing sales gained 0.8 per cent to $50.2 billion in
June after losing 1.0 per cent in May.
• Economists had expected a gain of 0.7 per cent, according to Thomson Reuters.
• Statistics Canada says the increase was due to higher sales of machinery and
transportation equipment products. On a constant dollar basis, overall sales
gained 0.5 per cent, indicating a higher volume of goods sold.
• The machinery industry gained 5.8 per cent at $2.7 billion, following five
consecutive monthly declines, while the transportation equipment industry
added 1.4 per cent to total $10.7 billion in June.
• Manufacturing sales in June were up in four provinces, led by Ontario.
• Ontario rose 1.4 per cent to $24.7 billion in June, while Alberta gained 1.8 per
cent to $5.2 billion. New Brunswick fell 4.1 per cent to $1.3 billion.
• Source: BNN